People who get Supplemental Security Income (SSI) will be happy to hear that they will have extra cash for Black Friday the weekend after Thanksgiving. This is because of how the Social Security Administration (SSA) pays its recipients.
People who get SSI usually get their money on the first of every month. But this month, December 1 is a Sunday, so the payment will be made on November 29, which is Black Friday.
Since January 1 is a holiday, the good news will last until December 31. The first SSI payment for 2025 will be on December 31.
The Social Security Administration (SSA) has scheduled the payment that will help 7.5 million SSI recipients. Some of this money will be used to pay for necessities and Christmas shopping.
Eligibility for SSI
SSI is a relief for people with limited income and resources, as it offers crucial financial support. Eligible individuals include:
- People aged 65 and over
- Qualified individuals with disabilities
- Blind or disabled children
The SSA gives these benefits to some of America’s weakest citizens to help them. To make things even easier on the wallet, the SSA just announced a 2.5% cost-of-living adjustment (COLA) for 2025. This will help a little more as living costs rise.
How to resolve an SSI payment delay?
The SSA says to wait three business days if there is a payment delay. If your payment has not arrived by then, call your bank to make sure there is not a problem with their end.
Most of the time, direct deposit payments are processed quickly, but bank hours can cause delays. If everything is fine with your bank, you should call the Social Security office closest to you to fix any problems.