A sizable portion of seniors will not receive any additional Social Security benefits until December, according to confirmation from the US government. The official timetable, which sets aside particular dates for every recipient based on their assignment group, is to blame for this circumstance. The majority will have to wait until next month, while some will be able to receive their cheques this month.
Retirees in Groups 1, 2, and 3 have already received their November benefits. Consequently, group 4, which is planned for November 27, is the only group that will require a deposit this month. The wait period for people who are not in this group lasts until the final month of the year, when the December payment cycle starts.
To prevent confusion, it is essential to comprehend how the Social Security payment schedule operates. Retirees will need to wait until December to provide you the full payment schedule for that month if that is our intention.
Retirees who won t get Social Security until December
Based on their birthday and the date on which their benefits began, the Social Security calendar creates four groups of retirees. Groups 1, 2, and 3 have already received their compensation in November; group 4 will only receive their check this month.
The following information relates to the groups that will not be paid again until December:
- Group 1: Retirees who started getting their benefits before May 1997. They already got their payment on November 1.
- Group 2: Retirees whose birthdays are between the 1st and 10th of the month. Their deposit was made on November 13. It is also mandatory to have the Social Security check accepted after May 1997.
- Group 3: Retirees with birthdays between the 11th and 20th of the month. This group got their check on November 20. It is also mandatory to have the Social Security check accepted after May 1997.
Group 4, which is made up of retirees whose birthdays fall between the 21st and the 31st of the month, is the only group that will still receive its payment in November. The date of their check is November 27. As a result, the next deposit for people in the first three groups won’t be available until December.
Complete December 2024 Social Security Payment Schedule
With deposits distributed across the four groups, the December timetable keeps the standard Social Security framework. The official dates are as follows:
- December 3: Group 1, retirees with benefits prior to May 1997.
- December 11: Group 2, retirees with birthdays between the 1st and 10th of the month.
- December 18: Group 3, retirees with birthdays between the 11th and the 20th of the month.
- December 24: Group 4, retirees with birthdays between the 21st and 31st of the month.
The deposit to Group 1 will start the December payment cycle, which will end with Group 4 on the 24th. It’s critical to remember these dates in order to accurately budget your spending and prevent misunderstandings regarding deposits. The last group should have been paid on December 25, but since it’s a holiday, the Administration pays the check on Tuesday, December 24, the day before work.
Retirees can better manage their monthly finances if they are aware of the Social Security payment schedule. The 2024 payment cycle will end with December deposits, which will be the final of the year. Furthermore, it is important to remember that the January 2025 SSI payment is issued on December 31st. As a result, this payment could be made ahead of schedule, allowing us to receive our Social Security benefit with COLA 2025 before the year even comes.
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