As we near the end of 2024, millions of Social Security and Supplemental Security Income (SSI) recipients are waiting for the last payments of the year. These final payments are especially important for those who rely on Social Security and SSI for financial support. They bring relief during the holiday season and help bridge the … Read more
As Thanksgiving approaches, many people receiving Social Security benefits may be wondering if their payments will be affected by the holiday. Thanksgiving is a big deal in the United States, and it’s natural to wonder if the holiday might delay your payment. However, the good news is that Social Security payments will be unaffected by … Read more
The Social Security Administration (SSA) sends out payments every month to those who qualify for Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). These payments help people with disabilities manage their expenses. November 2024 will be an important month for recipients, with some big changes and payments coming earlier than expected. SSI Payments … Read more
As we near the end of 2024, a change is coming to the Cost of Living Adjustment (COLA) for Social Security in the United States. Starting January 1, 2025, a new COLA will be introduced, meaning that Social Security recipients will see a slight increase in their benefits. Inflation has played a big part in … Read more
If you receive Supplemental Security Income (SSI), you may notice something different about your payment schedule in November. This year, there will be two SSI payments for November. The Social Security Administration (SSA) has made this change to align with the calendar. While this might seem unusual, it’s part of the SSA’s plan to ensure … Read more
Social Security plays a vital role in the financial support of millions of people, especially retirees. Around 96.7% of adults between 60 and 89 rely on Social Security in some way, and for many, it’s a major part of their income. Over half of people aged 65 and older get at least half of their … Read more
As inflation slows and the Federal Reserve (FED) works to stabilize the economy, many Social Security recipients might experience reduced payment increases in the coming years. This article explains the changes retirees should expect and what they need to do to prepare. What is Happening with Social Security COLA? Cost-of-living adjustments (COLA) are designed to … Read more
The Social Security Administration (SSA) has officially confirmed that there will be no Supplemental Security Income (SSI) payments made in December 2024. This change is due to the standard SSI payment schedule, which adjusts when the 1st of the month falls on a weekend or federal holiday. As a result, beneficiaries will receive their December … Read more
As inflation continues to impact American households, many are looking for ways to ease financial stress. Starting in November 2024, several Americans will receive monthly direct deposit checks ranging from $500 to $1,200. This article will guide you through who qualifies for these payments, how they work, and what you can expect for the month … Read more
As December 2024 approaches, Social Security disability Payments in the United States are getting ready for their final payments of the year. These payments will include the Cost of Living Adjustment (COLA), which was added at the start of 2024 to help benefits keep up with inflation. It’s important to know when to expect these … Read more