It does not look like there is much money left for SSI payouts. Still, the Social Security Administration (SSA) plans to give out the rest of the year’s payments in a way that is different from how they usually do things, along with some other changes.
Most likely, you are used to getting paid every month on the first. Things will change, though, in November and December. To find out why, keep reading.
How does Social Security plan the SSI payments?
At least 7.4 million Americans get SSI payments from Social Security. They do this by following an annual payment plan that tells you when you can expect to get your benefits.
On the other hand, the symbol for Supplemental Security Income payouts and the last payment from Old Age, Survivors, and Disability Insurance (OASDI) is the same color. Because of this, there is a chance of getting the date wrong when looking for it.
The easiest way to avoid this is to take the time to learn how the SSA plans its SSI payments operations. The first thing you need to know is that SSA divides current SSI recipients into two groups based on when they started getting payments.
May 1997 is a very important date. People who started getting SSI before that date will get their funds on the third of every month. Those who started after the key date will get it on the first of the month.
One thing is different, though: if the due date falls on a weekend or holiday, it will be pushed to the next business day. This method will change the normal time you get your Social Security checks.
Still, it is meant to avoid any kind of delay or problem that might happen with banking systems when their staff is not fully available, which could cause your SSI payments to be late.
The months of November and December will be interesting for SSI payments because of these situations.
One group will have their November date changed from November 3, Sunday, to November 1, Friday. This is because they started getting benefits before May 1997.
The second group (those who started after May 1997) will get their first payment for November on November 1.
Another thing is that it will get a second payment in the same month on November 29th, which is the December payment that is brought forward because December 1st falls on a Sunday.
They will get another payment in December, making three in the last two months of the year of this kind.
This last Social Security payment will be different because it comes from the following year and is equal to the payment that should have been made on January 1, 2025. Since December 31 is a holiday, the payment is handled on that day.
What is more, the amount will go up because it includes the COLA adjustment for 2025.
How much are usually SSI payments?
Different people get different amounts of SSI. The amount you get depends on your monthly income, the assets you own, and any other benefits you get that help pay for your rent, mortgage, or other living costs.
Keep in mind that SSA did not include food in-kind benefits in their calculations.
This means that they will not affect your potential benefit, so you do not need to worry about them. This is how average SSI payments look now and how they will look with the extra COLA raise for 2025:
| Category | 2024 | 2025 |
| Individual | $943 | $967 |
| Couple | $1,415 | $1,450 |
| Essential Person | $472 | $484 |
How can I be part of the program and receive SSI payments?
You can call or go to the website of the Social Security Administration to get help. To be eligible, you must be at least 65 years old, blind or handicapped, and have a limited income and assets (no more than $1,971 and $2,000, respectively).
Also see:-Social Security Makes a Major Change to its November Payments – It’s Now Official
