of Social Security Administration (SSA) is in the process of shipping November payments and preparing payments to be received in December.This is next month Some beneficiaries will receive two payments in December, making the process a little more complicated.one at the beginning of the month and one at the end of the month.
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Who received two checks from SSA in December?
Supplemental Security Income (SSI) recipients will receive two payments in December. Payments are generally sent on the 1st of each month. However, this does not apply if the day falls on a Saturday, Sunday, or holiday.
SSA releases based on the schedule you specify. December SSI Benefits on the first day of the month. Additionally, the second payment will be sent the next day. Friday, December 29th. Because January 1, 2024 is a holiday, your SSI payment will be prepaid and sent on December 29, 2023.
2024 COLA Overview
This payment is the first payment of 2024, so this payment includes: Adjusting the cost of living (Cola).of SSA calculated the COLA for 2024 to be 3.2%.For Social Security and SSI beneficiaries, this means this increase will be reflected in their benefits.
Also read: What percentage of my salary is contributed to Social Security?
SSA has announced an increase in SSI payments for next year. Individuals will receive $943 per month, up from $914 previously. Couples will receive $1,415 per month in 2024.
The beneficiary is SSI payments via direct deposit If you provide your bank account information to the SSA. Alternatively, you can send your payment by mail. However, it may take some time to arrive.. If your payment does not arrive on the scheduled date, The SSA advises that you wait three days before contacting us to allow for additional shipping time.
