Social Security and SSI Payments Scheduled for November and December
Beneficiaries to receive varying amounts based on eligibility and timing, with adjustments for cost of living increases.
- The first round of November Social Security payments, up to $4,873, will be distributed starting November 13, based on beneficiaries' birth dates.
- Supplemental Security Income (SSI) payments for December, up to $943, will be sent on November 29 due to December 1 falling on a Sunday.
- Eligibility for Social Security begins at age 62, with maximum benefits available for those retiring at age 70.
- Social Security benefits are financed by payroll taxes and are subject to potential reductions by 2034 without legislative intervention.
- A 2.5% Cost of Living Adjustment (COLA) will increase benefits starting in 2025, though it is the lowest since 2021 amid persistent inflation.