Personal Finance

Why SSI Recipients Are Receiving Two Checks in November but No Payment in December?

SSI payments may show a November payment trend, but no December payment due to a planned change by the SSA, affecting the first of the month.

SSI Recipients Two Checks: People who get SSI may notice a strange payment trend in November; they may get two checks in a row, but no payment in December. This is not a mistake; it’s a planned change to the program made by the Social Security Administration (SSA) from time to time.

SSI payments are usually given out on the first of every month. If the first happens on a holiday or weekend, however, payments are made on the last business day of the month before. This year, December 1st is a Sunday, so the SSA will send out the December payment on November 29th, rather than the first of the month. This means that users will get it a little earlier.

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This implies that SSI beneficiaries will receive an early December payment on November 29 in addition to their regular November 1 payment, leaving December without a separate payment date. This minor change can have a significant effect on the monthly planning of around 7.4 million SSI recipients in 2024.

The double payment month can surprise recipients, especially since they won’t receive an SSI deposit in December, but this isn’t the first time it’s happened—a similar circumstance transpired in August. According to AARP, “It’s just a timing adjustment,” emphasizing that the SSA employs this early payment approach to guarantee beneficiaries receive their money uninterrupted, even in cases where the calendar doesn’t coincide precisely.

SSI Recipients Two Checks: What will happen in December?

People who depend a lot on monthly payments may feel both relieved and troubled when they get two checks in a row. There won’t be a payment in December, so you may need to be very careful with your budget. The payment on November 29 might be helpful because it comes right before the holidays.

If you know about this time, you won’t have to worry about missing checks. The SSA also has a payment calendar that can be printed. This shows the schedule for the whole year so that beneficiaries can plan ahead.

November SSI Checks Eligibility: Which Social Security Beneficiaries Will Enjoy Two Payments Next Month?

Given that many beneficiaries are getting ready for 2025, when the cost-of-living adjustment (COLA) will be lower than in 2024, this year’s double-payment schedule is particularly noteworthy. Social Security claimants will receive a 2.5% COLA rise next year, which means the majority will receive an additional $50 per month, while inflation rates continue to decline.

The adjustment, which is undoubtedly less significant than in previous years, is intended to “help people keep up with expenses as inflation eases,” according to SSA Commissioner Martin O’Malley.

Even though the SSA schedules can be challenging at times, these modifications help guarantee that SSI recipients won’t have any interruptions in their monthly benefits, even if the calendar isn’t in their favor.

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