In December, over 7 million beneficiaries in the United States will see a surprise in their SSI payments. A change in the SSA payment calendar will result in double payments for many Social Security recipients. This change could confuse those who are used to receiving their payments once a month. However, for those paying close attention to the 2024 payment schedules, this adjustment is not unexpected.
Why Will There Be Two Payments in November?
The SSA has a set schedule for SSI payments that coincides with the calendar’s business days. This time, the payment for the month will be made one day earlier, on Friday, November 29. This is because November 30 falls on a Sunday. Therefore, beneficiaries will receive two payments in the following months:
- Friday, November 1
- Friday, November 29
In December, recipients will receive an extra payment on December 31, as January 1 is a holiday. This pattern of double payments occurs when payment dates fall on weekends or holidays, ensuring no one loses any income.
Cost-of-Living Adjustment (COLA) Increase
Starting in January 2025, SSI payments will be higher due to a Cost-of-Living Adjustment (COLA) increase. The COLA increase of 2.5% was announced on October 10 and will apply to the weekly benefit amount. Here’s how the new payments will look:
| Category | Average Payment | With Increase | Increase |
|---|---|---|---|
| Individual Beneficiaries | $943 | $967 | $24 |
| Couples | $1,415 | $1,450 | $35 |
| Essential Person | $472 | $484 | $12 |
Who Qualifies for SSI Payments?
SSI is an income-support program for people who are aged, blind, or disabled, and have limited income and resources. To qualify, you must meet the following requirements:
- Low or no income
- Limited resources
- Be disabled, blind, or 65 years or older
For 2024, the maximum monthly benefit is $943 for individuals and $1,415 for couples. SSI should not be confused with Social Security Disability Insurance (SSDI). While both provide support for those with disabilities, SSDI is based on work history, whereas SSI does not require any work history.
New SSI Application Process
The SSA is launching a new online application system called iClaim. This system is designed to make it easier for people to apply for SSI benefits. Starting in December, the system will be available for adults aged 18 to 65 years who have never been married and are applying for SSI along with Social Security.
By 2025, the system will expand to include more people, providing a modern, efficient tool for managing SSI applications. The SSA hopes these updates will help ensure that payments are made on time and without issues.
Conclusion
In December 2024, over 7 million beneficiaries will receive double payments due to changes in the SSI payment calendar. Starting in January 2025, SSI payments will increase by 2.5% with a Cost-of-Living Adjustment. The new online application system, iClaim, will make it easier for people to apply for SSI benefits, and these changes are all part of the SSA’s efforts to streamline payments and ensure timely delivery for all beneficiaries.
FAQ’s
Why are SSI recipients receiving double payments in December 2024?
SSI payments in December will be doubled due to a change in the SSA payment calendar, ensuring checks are received before holidays.
When will the Cost-of-Living Adjustment (COLA) take effect for SSI payments?
The COLA increase of 2.5% will be included in SSI payments starting in January 2025.
Who qualifies for SSI benefits?
SSI benefits are for individuals who are aged, blind, disabled, and have limited income and resources.