Are you getting extra monthly checks in December? Learn if SSI recipients will see an early or double payment for December, 2024, and how it affects your January benefits. This also covers the 2025 COLA increase and its impact on SSI payment amounts.
In today's update, we cover the question if some SSI recipients see two payments in December, the SSA’s early payment schedule for January benefits, and how the 2025 COLA increase will affect payment amounts. Learn why the second check isn’t a bonus, how the COLA helps offset inflation, and what to expect as an SSI beneficiary moving forward.
Keep in mind, the exact time when the funds become available for withdrawal can sometimes vary depending on your bank’s processing times. Some banks might show the payment as "pending" until the official payment date, while others may make the funds available right away.
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