Social Security’s Holiday Gifts: Two Checks Coming for Thanksgiving and Black Friday

Social Security’s Holiday Gifts Two Checks Coming for Thanksgiving and Black Friday

The holidays are creeping up on us and next week we will all be eating turkey, hopefully surrounded by family, to kick off the season of festive cheer that will start soon.

Thanksgiving is one of the reasons why retirees worry during November, but there are some good news for those who still have not received their Social Security check.

Between the food purchases to feed a small army, or a family, and the mad rush of Black Friday and Cyber Monday to get the best deals on Christmas presents, it is a month with a lot of expenses, and many worry that their check will not make it in time for the turkey or the shopping. But this year it will not be the case.

Social Security payments in November

Most beneficiaries will have already gotten their check for the month, so they are covered for all the expenses they are going to make, but there is one collective that has still not received their retirement check, and that is those born between the 21st and 31st of any month who will receive their November deposit on Wednesday, November 27, 2024.

This is the normal date for the disbursement of this payment, but many are worried that the holidays will impact its timely arrival.

The Social Security Administration (SSA) is responsible for many payments throughout the year, and this will not be the time to fail. The well-oiled machine that is the SSA will have all checks ready to be deposited in accounts and mailboxes on time for you to spend them.

Social Security’s Holiday Gifts Two Checks Coming for Thanksgiving and Black Friday

Every year, especially during the winter months, the same issues arise. Unpredictable snowfalls, system collapses, natural disasters, etc. and while these cannot be made better, there are mechanisms in place to ensure that the money does not get lost in the way and makes it to its designated recipient on time for such important times of the year.

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This year there are some additional good news just after Turkey Day. Supplemental Security Income (SSI) payments will make their way into people’s accounts and mailboxes as well! Just in time to go shopping.

SSI provides monthly payments to people with disabilities and older adults who have little or no income or resources, so not every retiree will receive this extra payment, but for those who qualify, their SSI payment for December will be advanced and will get distributed on Friday the 29 of November.

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Regrettably this is not an effort to ease shopping by the federal government, although it would be nice. This is by the protocol that the SSA enacts when a distribution date coincides with a weekend or a National Holiday. In this case, December 1st, which is the date SSI should be distributed in, is a Sunday and thus the payment needs to be moved to the prior day banks are open and the US Postal Service delivers mail.

Contrary to popular belief, Black Friday is not actually a federal holiday (banks are open and the mail is delivered) even though most companies make the best of the long weekend, and so the distribution of SSI checks is scheduled for Friday 29 of November.

For those who have received heir checks already or are still waiting, just remember not to spend the whole balance in one go, as there is still Christmas to think about and there will be no more SSI checks until December 31st, just after most of the expenses have been made, although it will still be a nice present to ring in the new year.

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— MJP

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