Including the Cost of Living Adjustment (COLA) increase, Social Security recipients in the United States will get five payments in November and two extra payments in December.
For those who rely on these benefits, the end of 2024 holds significant news because, thanks to the COLA increase and monthly payments, improved coverage is assured at the beginning of 2025.
Supplemental Security Income (SSI) and Social Security have different dates for the November and December payments.
On December 31, in anticipation of the January 2025 payment, recipients will get their SSI check with the initial 2.5% increase. Since January 1st is a holiday, this payment is made in advance to guarantee timely access.
What are November’s Social Security benefits?
Social Security will pay out five benefits to various recipients in November. The important days to remember are as follows:
- November 1st: The month’s SSI payment, which is intended for recipients of Supplemental Security Income.
- November 1st: Group 2 retirees who began receiving benefits after May 1997 and whose birthday falls between November 1st and November 10th will get payment on November 1st.
- November 20: Group 3 retirees who were born between November 11 and November 20 will receive their payment.
- November 27: Group 4 retirees who were born between November 21 and November 31 will receive their payment.
- November 29: The second SSI payment is made as a result of December 1st falling on a weekend, even though it is due in December.
The purpose of these payments is to meet the beneficiaries’ requirements prior to the year-end festivities. With the exception of the December 31 payment, which will incorporate the 2025 COLA rise, each payment retains its present value.
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In December, when does Social Security arrive?
For each senior group, Social Security payments will be made on the regular dates in December. Additionally, on the last day of the year, an extra SSI payment will be given, which will already include the 2025 COLA. The dates are as follows:
- December 11: Group 2 retirees receive their first payout.
- December 18: Payment for Group 3 retirees, whose birthdays fall between the eleventh and twentieth, is due on December 18.
- December 25: Group 4 retirees who were born between December 21 and December 31 will receive their payment on December 25.
- December 31: The 2025 COLA increase results in an additional SSI payment.
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Since SSI beneficiaries will receive the check with the COLA rise, this final annual payment will be particularly significant. It is made on December 31 to provide access to the benefit in the midst of the holiday season, even if it corresponds to the first payment in January.
These benefits will give Social Security recipients the cost-of-living adjustment at the end of the year, enhancing their coverage for the upcoming year.
With two SSI payments in November, an extra SSI payment in December, and a regular retirement payment in each of the two months, a retiree might receive up to five payments in these final two months of the year.
For those who depend on SSI resources, this program guarantees an additional income in advance in December in addition to the usual monthly benefits that Social Security pays. More stability and financial support are provided by this payment stream to cover year-end costs and the start of 2025.
