These SSDI recipients will receive 2 direct deposits on the same payment date in November
According to Vibes.okdiario, In November 2024, Social Security Disability Insurance (SSDI) recipients will receive one of four Social Security payments, depending on eligibility. To qualify, you must have applied and received approval from the Social Security Administration (SSA), in addition to meeting other criteria.
SSDI and SSI: Understanding the Payment Structure
Disability benefits can be issued as either SSDI or Supplemental Security Income (SSI). For some beneficiaries, SSDI and SSI payments may be received on the same day. In November, this overlap will occur, providing certain recipients with two payments on the same day.
SSI and SSDI Payments on November 1, 2024
All SSI recipients are scheduled to receive their monthly payment on November 1. However, if you are also an SSDI recipient, you may receive your SSDI payment on the same day. This change in the schedule is due to November 3, 2024, not being a business day. As a result, the SSA has moved the SSDI payment to November 1 for eligible individuals.
Receiving Two Payments on November 1: SSDI and SSI
To qualify for both SSI and SSDI payments on November 1, you must meet the following conditions:
- Be eligible for both SSI and SSDI benefits.
- Maintain your eligibility by following all Social Security regulations.
COLA Increase and Payment Amounts
The 2.5% Cost-of-Living Adjustment (COLA) that Social Security announced on October 10 will not be reflected in any November payments. SSI recipients will see this increase starting December 31, while SSDI recipients will begin receiving the adjustment in January 2025.
- SSI recipients may receive up to $943, with average payments around $698.
- SSDI recipients could receive up to $3,822, though the average payment is approximately $1,539.
- Married couples receiving SSI can get up to $1,415, which will increase to $1,450 after the COLA adjustment.
