Social security payments who gets theirs this wednesday december 11

The payment schedule is set by the beneficiary’s birthdate and is overseen by the Social Security Administration (SSA). This strategy aims to disburse funds across a number of weeks, facilitating timely payouts and more efficient federal budget administration.

More than 67 million Americans who receive Social Security benefits are impacted by this schedule. The average benefit per month in 2024 will be $1,920. The annual cost of Social Security, a vital part of the American social safety net, exceeds $1 trillion.

Who receives Social Security payments?

You can better manage your finances and identify any delays or issues with your deposits if you are familiar with the Social Security and SSI payment schedules.

Payments in December 2024 will be made according to this schedule:

• Wednesday, December 11: Beneficiaries born between the 1st and 10th of any month.
• Wednesday, December 18: Beneficiaries born between the 11th and 20th.
• Wednesday, December 24: Beneficiaries born between the 21st and 31st.

In addition to Social Security, the SSA oversees the Supplemental Security Income (SSI) program, which provides low-income and resource-poor individuals with financial assistance. Recipients must fulfill specific requirements in order to be eligible, such as being blind, disabled, or over 65. Children may get SSI benefits if they fulfill the eligibility standards.

Three categories comprise Social Security recipients:

• Retirees: This is the largest group, including 45 to 50 million individuals who have reached retirement age or accrued enough work credits to qualify for benefits.
• People with Disabilities: Approximately 17 million beneficiaries fall into this category, receiving support due to disabilities that limit their ability to work.
• Survivors: These beneficiaries include family members, such as spouses or children, who qualify for payments after the death of an eligible worker.

When is SSI paid?

The scheduled date of SSI payments for December 2024 is Tuesday, December 31, which falls on New Year’s Eve. About 7.5 million persons received SSI benefits as of 2022, with 85% of them being blind or disabled. 55% of the recipients were female, and the majority were between the ages of 18 and 64.

Payment Schedule Exclusions

Benefits may be paid to several Social Security beneficiary groups ahead of the dates listed in the December 2024 schedule:

• Beneficiaries Before 1997: Those who began receiving Social Security benefits prior to this year typically get their payments on the first day of the month.
• Individuals Receiving Both SSI and Social Security: These beneficiaries usually receive their payments at the start of the month, often on December 1 or 3.

You must contact the Social Security Administration right away to address any issues if you are in one of these categories and do not get your payment as anticipated.

Why understanding the payment schedule matters

Additionally, if you plan to apply for these benefits in the future or assist a family member who depends on this income, it is very helpful to understand how the system operates. Being aware of the payment procedure lowers the possibility of problems by keeping you informed and organized.

Get in touch with the Social Security Administration through their official methods or website if you need help applying for benefits or if you have questions about your payments. The best method to make sure you get the money you’re entitled to with the least amount of hassle is to be educated.

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