Get 3 Social Security Payments in November and Two Extra in December with COLA Increase- Here’s How It Works

Social Security beneficiaries have significant financial support lined up in the closing months of the year, with up to five payments, including early disbursements and the much-anticipated 2025 Cost of Living Adjustment (COLA).

These payments will help beneficiaries manage year-end expenses while adjusting for inflation into the new year. Here’s an expanded breakdown of the November and December payment schedules, beneficiary groups, and the effects of the upcoming COLA increase.

Social Security Payment Schedule for November

November includes several scheduled Social Security payments. These payments cover different beneficiary groups based on birth dates, ensuring that SSI recipients and other Social Security beneficiaries receive timely support:

  1. November 1: This initial payment targets Supplemental Security Income (SSI) beneficiaries, primarily those born at the start of the month.
  2. November 20: Mid-November brings payments for beneficiaries born between the 11th and 20th, offering steady support through the month.
  3. November 27: The last November payment covers beneficiaries with birthdates later in the month.
  4. November 29: This early SSI payment provides beneficiaries with funds intended for December, offering early access to help manage holiday costs.

These payments come at an ideal time, offering flexibility for those facing increased expenses at the end of the year.

December Payments with COLA Adjustment

December’s Social Security payment schedule includes the regular cycle payments and an additional SSI payment. The extra payment incorporates the new COLA increase, helping to mitigate inflation’s impact on the fixed incomes of many beneficiaries. Here’s how the December payment schedule unfolds:

  1. December 11: This payment is intended for early December birthdays, marking the first of the month’s Social Security distributions.
  2. December 18: The mid-month payment is scheduled for beneficiaries born between the 11th and 20th of December.
  3. December 25: The final payment aligns with the holiday period, ensuring beneficiaries have funds available for end-of-year needs.
  4. December 31: An additional SSI payment rounds out the month. This payment, including the COLA adjustment, provides financial assistance for January 2025, ensuring recipients start the new year with a boost in benefits.

The COLA increase applied to this payment aims to adjust for rising living costs, giving beneficiaries better purchasing power as they move into 2025.

Payment DateBeneficiary GroupType of PaymentMonth AppliedSpecial Note
November 1SSI & Early November BirthdaysRegular & SSINovemberStandard Schedule
November 29All SSI BeneficiariesEarly SSIDecemberIssued Early
December 11Early December BirthdaysRegularDecemberStandard Schedule
December 18Mid-December BirthdaysRegularDecemberStandard Schedule
December 31All SSI BeneficiariesExtra SSI with COLAJanuary 2025Early Release with COLA Increase

FAQs

When is the COLA increase applied?

The COLA increase is effective in the December 31 SSI payment for January 2025.

Why are multiple payments made in November?

November includes regular Social Security payments and an advance SSI payment for December.

Will SSI recipients receive two payments in December?

Yes, SSI recipients receive an early payment on November 29 and another with the COLA increase on December 31.

Is the December 31 payment for January 2025?

Yes, it applies to January 2025 benefits with the updated COLA.

How does early payment benefit recipients?

Early payments aid recipients in managing year-end financial needs effectively.

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