November Boost – Will You Receive Extra Money from Social Security Disability?

Supplemental Security Income (SSI) provides crucial financial support to individuals with limited income and resources, particularly older adults and people with disabilities. Unlike Social Security retirement or disability benefits, which are funded through payroll taxes, SSI is funded directly by the U.S. Treasury and focuses on assisting those in financial need. Here’s a look at the SSI payment schedule, recent adjustments, and what recipients can expect in 2024 and 2025.

Payment Dates

Typically, SSI payments are made on the first business day of each month. However, calendar alignment and holidays can sometimes impact this schedule, prompting early payments.

November Adjustment

In November, SSI recipients will notice an additional payment on Friday, November 29. This adjustment occurs because December 1 falls on a Sunday, and the Social Security Administration (SSA) shifts the December payment to the preceding business day to avoid delays. This means recipients will see two SSI payments in November—one on November 1 and another on November 29—covering December’s benefit.

COLA

The SSA has implemented cost-of-living adjustments (COLA) to help SSI benefits keep pace with inflation:

• 2024 Benefit Rates: The maximum monthly SSI benefits in 2024 are $943 for an individual and $1,415 for couples.
• 2025 COLA Increase: In 2025, beneficiaries will see a 2.5% COLA increase, which will raise the average monthly benefit to $1,957. Although this is a slight decrease from the 2024 COLA, it still provides an essential boost to help SSI recipients manage rising costs.

Payment Schedule

Due to holiday-related scheduling adjustments, SSI recipients will receive some of their payments early in 2025. Here’s what recipients can expect:

• January Payment: Since January 1 is a holiday, the January SSI payment will be issued on December 31, 2024.
• February and March Payments: The February payment will be issued at the end of January, and the March payment at the end of February. This pattern means no SSI payment will be issued in March, as the payment will have been distributed in advance.
• Additional Months with Early Payments: In May and August, recipients will receive two payments each month, covering both the current and following month’s benefits. This adjustment will result in no SSI payments for June and September.

Schedule for Early 2025

These early payments help recipients receive their benefits without delay, especially around major holidays or weekends when banks may be closed.

Benefit

For those receiving Social Security retirement benefits (separate from SSI), monthly payments are scheduled based on birth dates:

• November 13 for birth dates from the 1st to the 10th
• November 20 for birth dates from the 11th to the 20th
• November 27 for birth dates from the 21st to the end of the month

This schedule remains consistent each month and is based on the recipient’s birthday, which allows for a predictable payment cycle.

How to Prepare

Knowing these changes can help recipients better plan their finances, especially during months with two payments or skipped months. Checking the SSA’s official schedule for each year is also helpful for staying up to date. If recipients have questions about early payments or benefit amounts, they can contact the SSA directly or check their mySocialSecurity account online for further information.

With this payment structure, the SSA ensures that SSI recipients continue to receive their essential financial support without interruption, even during holiday months.

FAQs