November Social Security payments reversed

Those who receive Social Security there will be one more reason to be grateful this Thanksgiving. Due to a scheduling anomaly, recipients will receive an additional check. The bad news is that you won’t get paid in December. In addition to your monthly Social Security check, Supplemental Security Income (SSI) recipientswhich is a government pension income for people age 62 and older, will receive three checks in November. However, SSI recipients will not receive a payment in December.

Social Security payments changed for November

The reason for the change is that Supplemental Security Income (SSI) benefits, which are additional payments beyond Social Security for people with low incomes and limited resources, are paid on the first working day of each month. Checks will be issued on Friday, November 29th according to the SSA calendar since December 1st is a Sunday. The 2025 calendar is already available online and similar changes are expected in the calendar next year. For example, SSI recipients will receive their January 2025 payments on December 31, 2024. You will then receive your February 2025 payment on January 31, 2025, and your March 2025 payment on February 28, 2025. This means that SSI beneficiaries will receive their January 2025 payments on December 31, 2024. do not receive payment in March. They will receive two payments in May 2025, but none in June.

Social Security provides retirement, disability, and survivor benefits to U.S. citizens to help ensure their financial security. It is financed by taxes on employees, employers and self-employed workers. A worker’s lifetime earnings determine the percentage of his or her retirement income that will replace Social Security. Depending on your salary and when you decide to start receiving benefits, pension provision will replace a percentage of your average earnings. If you are 62 years of age or older, disabled or blind, and have sufficient work credit, you may qualify for Social Security benefits based on your earnings history.

What is Supplemental Security Income (SSI)?

According to the SSA website, anyone age 65 or older who is blind or has a qualifying disability is eligible for SSI payments, including children with qualifying disabilities who have low-income resources. SSI is often available to individuals who earn less than $1,971 per month from work. If you believe you are eligible to receive SSI payments, a new, faster application process for Americans will be introduced later this year. In addition, the Social Security Administration is responsible for disbursing more than 70 million payments to retirees, survivors, disabled people, and SSI users; they created annual payment schedule so that beneficiaries know the payment dates for each program.

You can use the Social Security Administration’s online calendar to create a budget by viewing their annual benefit schedules. Ordinary pension provision Social Security benefits will be paid according to the regular SSA schedule:

• Wednesday, November 13: Dates of birth between the first and tenth of the month.
• Wednesday, November 20: Dates of birth from the 11th to the 20th of the month.
• Wednesday, November 27: birth dates from the 21st to the 31st of the month.

How will the cost of living adjustment (COLA) affect Social Security benefits in 2025?

Thanks to the new 2.5% cost of living adjustment (COLA)all beneficiaries will receive increased payments starting in January 2025. The purpose of a COLA is to help beneficiaries keep up with inflation so they have enough money. to cover your daily expenses. Given the 2.5% COLA increase, here are all the upcoming payment amounts that need to be delivered: