Early SSI Payments Announced for Holiday Season

As the holiday season approaches, SSI recipients will receive an early payment on December 31, 2024, incorporating the 2.5% Cost of Living Adjustment (COLA) for 2025. This advance payment aims to alleviate financial strain during the festive season, ensuring vulnerable individuals have access to funds before the new year. The maximum SSI payment will increase from $963 to $967 for individuals, providing essential support amid rising living costs.