These are all the SSI payment dates in December 2023

The Social Security Administration has informed about the next additional insurance income (SSI) payments in December. Remember that there is usually a single payment in the same month.

This means you will collect 12 SSI payments for one year. Therefore, there will be no additional checks or bonuses. However, there are times when Social Security sends two checks in one month.

The reason Social Security can send two SSI checks per month is not clear for some new beneficiaries. But it’s actually very simple. Social Security never sends payments on a weekend or holiday. What the SSA does instead is send money in advance. So there will be days to pay before the due date.

SSI payments in December: dates

In general, most SSI payments are at the beginning of the month. Therefore, the first payment of Supplemental Security Income will be on December 1, 2023. Remember that this payment is only for those who have applied and received approval from the administration.

SSI recipients will receive 2 checks in December, plan your budget and track your spending to save money
SSI recipients will receive 2 checks in December, plan your budget and track your spending to save money

In fact, it should be the latter Additional Security Income Payment in this month. But there will be another payment by the end of the month. The January payment was due on January 1, 2024.

Remember that January 1 is New Year’s Day. Since New Year is a holiday, Social security The administration had to reschedule this payment. Beneficiaries will therefore have two payments in December.

Note that when payment days fall on a holiday, SSA sends it on the previous business day. In this case, the second SSI payment will be on December 29th. By now you must be wondering what the amounts of these payments are and if they will be the same.

SSI December Payments: Amounts

One important thing SSI beneficiaries should note is that the size of your checks will depend on your situation. Therefore, not all recipients will redeem the same amount of money.

The maximum amounts are the same, but not all beneficiaries are entitled to them and may receive reductions. For example, if you get the largest checking available December 1, you can get up to $914. Married couples can collect up to $1,371 if they qualify. Important persons up to $458.

However, if you also cash in the SSI payment on December 29, you will get more money. There will be higher amounts due to the 2024 COLA increase announced by the Social Security Administration.

So SSI beneficiaries will get 3.2% extra on December 29. For example, if you and your spouse get $1,000, you’ll get $1,032. If you just received $500, your new check will be $516. The largest amounts will be $943, $1,415 and $472 for eligible individuals, couples and sole proprietors.

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