The citizens of the United States who are beneficiaries of Social Security could be surprised to know that they are going to receive an extra payment this month, it depends on how organized your finances are, this could be a double-edged sword, the Social Security Administration (SSA) handles an annual schedule to organize the distribution of all payments each month, in relation to your Social Security program, for this reason, there are only two programs that can have a payment date that changes each month.
Retirement, which is for senior citizens who applied for this program and retired before May 1997, who will be paid the third day of each month, unless that date falls on a weekend or holiday, in which case they will be paid the previous Friday.
The Supplemental Security Income (SSI) payment is made on the first day of each month, unless that day falls on a weekend or national holiday, if that is the case it is moved to the previous Friday.
However, the only Social Security program that allows payments to be received in the same month is the Supplemental Security Income (SSI) program, but it is something that is rare, this happens only a few times throughout the year In 2024, these recipients will receive a double payment in the month of May, August, and November.
How Much Will Social Security Beneficiaries Receive This Month?
Each person who benefits from SSI will receive a variable amount, which is not limited to a fixed amount, this is because the target audience of the program is people 65 years of age or older, blind citizens or people with disabilities according to the parameters of the SSI.
As established by the SSA, a beneficiary is considered blind when a situation affects their ability to perform a job for a year or more, can cause death or significantly limits daily activities, etc., these people must demonstrate certain points to be eligible.
Due to limited resources, your assets must be less than $2,000 if you are applying alone or $3,000 if you are considering applying with a partner (the maximum amount can be increased by $2,000 if you have a child).
Have extremely low or no income, with a monthly cap of $1,971 for single applicants or $2,915 for those applying as a couple and reapplying.
The requirements will be more detailed and broken down according to the following criteria when it comes to children with disabilities:
- The limit for a child living with one parent is $3,897.
- The maximum amount for a child living with both parents is $4,841.
- The maximum limit for children who do not live with their parents is $1,971.
After that, the amount will be determined over a specific period, if you qualify, you should realize that this amount will need to be updated over time to account for any changes in your financial situation, for example with the increase of the Social Security payment, total earnings based on the average monthly amounts of Social Security payments in 2024 will be.
Social Security Payment Schedule for the Upcoming Months
In relation to the Social Security payment schedule for this year 2025, SSI beneficiaries will receive their payments for each month of other months on the following dates, on the other hand, keep in mind that if you receive an extra payment from Social Security Social in the month of May, you will not receive any payment in the month of June or in the month of August you will not receive payment in the month of September.
In the month of December, you will receive the payment that corresponds to the month of January 2025, as follows:
- Monday, July 1.
- Thursday, August 1 and Friday, August 30.
- Tuesday, October 1st.
- Friday, November 1 and Friday, November 29.
- Tuesday, December 31.
