Supplemental Security Income (SSI) is a program that provides financial support to individuals with limited income who are 65 years or older, or who have a disability or blindness.
Usually, recipients receive one payment each month. However, for November 2024, there will be two SSI payments: one early in the month and one on the usual date. Here’s everything you need to know about this change.
Why Are Two Payments Sent in November?
The Social Security Administration (SSA) is sending two SSI payments in November because December 31st is not a business day.
This means the December payment needs to be made earlier than usual to ensure it reaches recipients on time. Therefore, one payment will be sent out in early November, and the other will arrive at the end of the month, on November 29th, 2024.
What Should You Do with Your Early November Payment?
Even though two payments will be sent in November, there’s no need to expect extra funds. The November payment will be regular, and the December payment will just be sent earlier than usual.
It’s a good idea to save the November 29th payment to help cover expenses for December, when the payment would normally arrive.
Will the SSI Amount Change for November or December?
The amount of SSI you receive will not change as long as there have been no updates to your personal situation.
For example, if your income increased since your last payment, it could lower the amount of your SSI.
As of September 2024, SSI is typically around $697 a month for an individual, with higher payments for those who are married or eligible for extra help.
How Much Does SSI Pay in 2024?
For 2024, the maximum SSI payment for individuals is $943 per month. If you are married, you and your spouse can receive up to $1,415, depending on your eligibility.
If you are low-income and receive a small Social Security check, applying for SSI could help you get additional support.
To summarize, there will be two SSI payments in November 2024, one early in the month and another on November 29th.
While there won’t be any extra funds, the early payment is meant to make sure people receive their December payment on time,
especially since December 31st is not a business day. It’s essential to manage your payments wisely and save for upcoming months.
Why are there two SSI payments in November?
The Social Security Administration is sending two payments because December 31st isn’t a business day, so the December payment is made early.
Will my SSI payment amount change in November?
No, your payment amount will stay the same unless your financial situation changes, such as earning more income than expected.
When will I get my SSI payment in November 2024?
Your payment will be sent in early November and then again on November 29th, 2024.
Do I need to do anything special for the early payment?
There’s nothing extra you need to do; just remember to save the early payment to help cover your expenses for December.
How much is the SSI payment for a single person?
In 2024, the typical SSI payment for a single person is around $697, but it can be higher depending on your situation.