All articles tagged with #recipients
Certain Social Security recipients are set to receive a $1,900 payment on November 20. This payment is part of the regular disbursement schedule for Social Security benefits, which are distributed based on the recipient's birth date and other factors. The article provides details on who qualifies for this payment and the schedule for its distribution.
Social Security recipients will receive their June payment on May 31 instead of June 1 due to the first falling on a Saturday, resulting in two SSI payments in May and none in June. Similar adjustments will occur in August and November.
The Social Security Administration has announced a 3.2% cost-of-living adjustment (COLA) for 2024, the smallest increase in three years, due to cooling inflation rates. The average benefit check will increase by $49, reaching $1,907. The new COLA will take effect in January, with payment dates varying depending on the recipient's circumstances. Supplemental Security Income (SSI) recipients will receive their payments on December 29, 2023, while other recipients will receive their higher payments on January 3, 10, 17, or 24, depending on their birth month. The overall boost should be 3.2% higher than the December check, and recipients can view their new benefit amount on the mySocialSecurity website.