Social Security benefit payments follow a regular schedule in order to reach United States households directly. However, sometimes we encounter irregularities that completely change the scheme of retirement and other benefit payments.
Thus, having a Social Security check can make Americans have a regular monthly income, but sometimes this can change. Checking the schedule of payments is key to being able to know at what time of the month we get each of the benefits, although it is true that sometimes there can be irregularities.
Which Social Security payment arrives on the 31st of December?
Supplemental Security Income (SSI) benefit payments are the checks that will arrive on the 31st of December to thousands of households in the United States. This monthly benefit is an extra benefit for retirees and beneficiaries, since it is a check that can be combined with the regular benefit.
Thus, the Supplemental Security Income payment usually arrives on the 1st of each month, but in this case it is an advance payment, since January 1st, 2025 will be a holiday. When this occurs, the Administration sends the check on the immediately preceding business day. In this case, December 31st, 2024.
In addition to all this, we must also take into account something very important. Since it actually belongs to the January 2025 payment schedule, this payment will have the Social Security COLA included. Thus, the maximum payment on this SSI check will not be $963, but $967.
As expected, this payment will not include the maximum check for all beneficiaries, but rather each American will get his or her benefit independently, as usual. Therefore, the payment on the 31st of December is neither retirement nor SNAP, but the Supplemental Security Income benefit, and thanks to it we will be able to get up to $967 to use for whatever we want.
Remember that in order to get this monthly benefit it is necessary to meet two requirements. On the one hand, it is mandatory to be 65 years old or have a disability. On the other hand, it is also mandatory to have low monthly resources as well as low resources. The payment we get each month will be different depending on our usual income.
