By Marshal Deck
Supplemental Security Income recipients are ready to receive $1657 per month in just 6 days in November.
The recipient did not receive a check this month because October 1st was a weekend.
SSI payments are issued by the Social Security Administration on the first day of each month, but if that day falls on a holiday, payments released on last business day.
The scheduling discrepancy happens several times a year, it is for January, May and October payments this year.
Social Security payments expected to increase next year to keep pace with inflation
The Social Security cost-of-living benefit could rise above 10.5% in 2023, shifting those who receive regular Social Security payments to higher tax rates.
However, additional security income payments will increase by 8.7% to $914 per month for individuals and $1,371 per month for eligible couples.
Pay 6.2% Social Security tax on all income from $147,000 in 2022 to $160,200 in 2023.
You Can Earn More in Retirement Before Full Retirement Age Without Paying Some Benefits.
November Stimulus Check: Residents of these 3 states can receive up to $1,000 before the end of the month.
Couples with a total adjusted gross income of $150,000 or less are eligible to receive up to $1,050.