Social Security payments in November have completely changed

Those who receive social security will have another reason to be thankful 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 their monthly Social Security check, recipients of Supplemental Security Income (SSI), a government-issued retirement 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 have changed for November

The reason for the change is as follows Supplemental Security Income (SSI) Benefits, which are additional payments outside of Social Security for people with low incomes and resources, are paid on the first business day of each month. The checks will be issued on Friday, November 29th, according to the SSA calendar, as December 1st falls on a Sunday. The 2025 calendar is already available online and similar calendar quirks are expected next year. For example, SSI beneficiaries will receive their January 2025 payments on December 31, 2024. They will then receive their February 2025 payment on January 31, 2025 and their March 2025 payment on February 28, 2025. This means SSI beneficiaries will receive this Did not receive payment in March. You will receive two payments in May 2025 but none in June.

Social Security provides retirement, disability, and survivor benefits to U.S. citizens to ensure their financial security. Financing comes from taxes from employees, employers and the self-employed. A worker's lifetime earnings determine the percentage of their retirement income that is replaced by Social Security. Depending on your salary and when you want to receive benefits, Retirement benefits replaces a percentage of your average income. If you are 62 or older, disabled or blind, and have sufficient working credits, you may be eligible for Social Security benefits based on your earnings history.

What is the Supplemental Security Income (SSI) program?

According to the SSA website, anyone age 65 or older, those who are blind or have a qualifying disability, including children with a qualifying disability who have low incomes, are eligible to receive SSI payments. SSI is often given to people who earn less than $1,971 per month. If you believe you qualify for SSI payments, a new, faster application process for Americans will be introduced later this year. In addition, the Social Security Administration is responsible for providing over 70 million payments to retirees, survivors, the disabled, and SSI users; You created one annual payment plan so that beneficiaries are informed of their payment dates for each program.

You can use the Social Security Administration's online calendar to create a budget by viewing their annual payout schedules. Regular Retirement benefits Social Security benefits will be paid according to the SSA's regular schedule:

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

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

Thanks to the new 2.5% Cost of Living Adjustment (COLA)Starting in January 2025, all beneficiaries will receive their increased payments. The purpose of COLA is to help beneficiaries keep up with inflation so that they have enough money to cover their daily expenses. Based on this 2.5% COLA increase, here are all upcoming payment amounts that must be delivered: