SSI benefit payments follow a different schedule. Specifically, SSI benefits are distributed on the first of each month. Should the first of the month fall on a weekend, then the new payment date will be the last Friday of the prior month. For 2024, there will be no SSI benefit payments ...
Thehigher than normal levels of inflationdespite aggressiveFed rate hikinghad a silver lining for many social security recipients with the SSA confirming a8.7% increasein Social Security benefits and Supplemental Security Income (SSI) payments in 2023. This is in line with earlier projections and is...
COLA is particularly significant for over 71 million Americans, especially retirees, as it directly affects their Social Security and Supplemental Security Income (SSI) benefits. A higher COLA means a larger increase in benefits for Social Security recipients, which is especially crucial in an economy...