Millions of Americans will receive $914 from Social Security in December 2023: Are you eligible?

Social Security COLA: Expected Benefits Retirees Will Receive In 2024

Millions of Americans will receive their Social Security and Supplemental Security Income (SSI) payments in December. The Social Security Administration (SSA) is preparing to send out the last benefits of the year, and some beneficiaries will receive two payments in one month.

Who Will Receive Payments on December 1?

On December 1, the SSA will send SSI payments to eligible individuals and couples. The maximum SSI benefit rate for individuals is $914 per month, and the maximum rate for couples is $1,371. However, some beneficiaries may receive less depending on their income and resources.

Why Are Some Beneficiaries Receiving Two Payments in December?

Some SSI beneficiaries are receiving two payments in December due to a quirk in the payment schedule. Because January 1, 2024, is a federal holiday, the SSA is moving the SSI payment for that month forward to December 29. This means SSI beneficiaries will receive their regular December payment on December 1 and an additional payment on December 29.

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How to Receive Your Payment

SSI payments are typically sent directly to the beneficiary’s bank account. However, the payment will be mailed to their address if the SSA does not have the beneficiary’s bank account information. Beneficiaries can also receive their payment in person at a participating bank or financial institution.

What to Do if You Don’t Receive Your Payment

If you are still waiting to receive your SSI payment by the expected date, you should contact the SSA. You can reach the SSA by phone at 1-800-772-1213 or by visiting your local SSA office.

For more information about SSI, please visit the SSA website: https://www.ssa.gov/ssi

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