The 2024 Supplemental Security Income (SSI) payment is scheduled to arrive in early December. SSI payments will be sent by the Social Security Administration (SSA) on November 29, 2024, because the customary date of December 1 falls on a Sunday this year.
In order to guarantee that recipients receive their money on the closest working day, the SSA frequently makes this change when SSI payments fall on weekends or federal holidays.
Even though it may seem like an early payday, the money will still be considered for December.
In addition, a cost-of-living adjustment (COLA) will boost the maximum benefit to $1,450 for married couples, meaning that SSI recipients will see a rise in their benefits beginning in 2025.
SSI benefits are normally paid on the first of the month, unless it is a federal holiday or a weekend. The Social Security Administration (SSA) makes the payment in these situations on the final working day prior to the first of the month.
The December 2024 SSI payment will therefore be issued on November 29, 2024, as December 1 falls on a Sunday.
In particular, during the hectic holiday season when budgeting is essential, this early payment guarantees that SSI users can immediately access their payments. The payment is made in November, but it counts as the December SSI benefit, so it’s vital to keep that in mind.
Amounts Paid by SSI
The maximum SSI benefit for married couples in December 2024 will be $1,415. SSI-eligible individuals will get up to $943, and those who meet the requirements to be considered a “essential person”—someone who looks after and supports a disabled SSI recipient—would earn up to $472.
The yearly cost-of-living adjustment (COLA), which goes into effect in January 2025, will result in a modest increase in SSI benefits beginning at the end of 2024, even if the December payment is fixed at these amounts.
SSI Benefits
The 2025 COLA hike will result in a little increase in SSI beneficiaries’ monthly payments:
| SSI Recipient Type | 2024 Max Payment | 2025 Max Payment (After COLA) | Increase |
| Eligible Individual | $943 | $967 | $24 |
| Eligible Married Couples | $1,415 | $1,450 | $35 |
| Essential Person | $472 | $484 | $12 |
Beginning in 2025, the COLA increase will increase monthly income by approximately $24 for individuals and $35 for married couples, as shown in the above table.
A minor increase will also be given to essential persons, who are crucial in helping disabled people, increasing their monthly income to $484.
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Even if they are small, these increases assist SSI beneficiaries in keeping up with the growing cost of living, especially when it comes to housing, utilities, and groceries. Even a modest increase can have a big impact on how many people handle their daily spending.
The aforementioned payment increases will occur in 2025 when the COLA rise is around 3.2%. This change guarantees that SSI beneficiaries will continue to have purchasing power even as inflation raises the price of necessities like housing, food, and medical care.
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Who Is Eligible for SSI Benefits?
Millions of Americans with little incomes and resources, especially those who are elderly, blind, or crippled, receive monthly benefits from SSI. It’s worthwhile to look into SSI if you don’t currently receive it but think you might be eligible. The following are the prerequisites for eligibility:
- Low income: SSI is intended for low-income people and couples. This covers income from employment as well as any additional sources, including pensions or monetary donations.
- Limited resources: You must have minimal financial resources in order to be eligible for SSI. This comprises your bank account balance, real estate (apart from your house), and other assets. The upper limit is $3,000 for a pair and $2,000 for an individual.
- Age or disability: You must be blind or have a handicap that keeps you from working, or you must be at least 65 years old.
Apart from these prerequisites, recipients of SSI could also qualify for additional aid programs, like SNAP (Supplemental Nutrition Assistance Program), which offers benefits to assist with food expenses. Since SNAP and SSI are both programs designed to help low-income people, SSI recipients frequently qualify for SNAP.
The SSI Application Process
It is easy to apply for SSI if you match the basic conditions. You can apply in person at your local Social Security Administration office or online at the agency’s website. Information about your income, assets, and health status (if you’re applying with a disability) will be required.
It’s critical to collect all required paperwork, such as bank statements, personal identity, medical records, and evidence of income.
After reviewing your application, the Social Security Administration will assess your eligibility based on your financial status and, if relevant, your handicap status.
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Extra Advantages
In addition to the monthly compensation, you can be eligible for other benefits if you currently receive SSI. These may consist of:
- Medicaid: In the majority of states, people who receive SSI are immediately eligible for Medicaid, which offers low-income people health coverage.
- As previously indicated, SSI beneficiaries can apply for SNAP assistance, formerly known as Food Stamps, to assist with grocery expenses.
- Housing support: You might be eligible for housing assistance programs offered by nonprofits or your local government, depending on your living circumstances and income.
Moreover, In December 2024, SSI benefits will be paid early on November 29 because the first of the month falls on a Sunday. The 2025 COLA hike will increase payments for individuals and couples beginning on December 31, 2024, up from the maximum payment of $1,415 for married couples in December.
The maximum monthly payment for eligible married couples will rise by $35 to $1,450, while the benefit for individuals would rise by $24 to $967 as well.
