Although there are some significant changes in December that you should be aware of, the payment schedules are generally regular and follow a pattern.
The fact that no payment is scheduled for December 1, 2024, is the first notable aspect. In fact, since December 1 is a Sunday, those who were intended to get it must have done so on November 29.
On the third, people who are retired or receive Social Security benefits often receive their payout. On Wednesday, there are often three payments after that. Only two checks will be issued on Wednesdays, although a payment is scheduled for December 3, 2024.
No Social Security Payment on the Fourth Wednesday in December
The Administration has confirmed that the payment that was supposed to be issued on December 25 will actually be sent on December 24. The reason for this is that December 25 is both Christmas Day and a Federal holiday.
However, a payment is scheduled for December 2nd and December 3rd. Therefore, on December 11, 18, and 24, those who receive SSDI or are retired will receive their monthly benefits.
You must have been receiving SSDI or retirement payments prior to May 1997 in order to be eligible on December 3. If you get SSI benefits, you are also eligible for Social Security.
Those whose birthdays fall on January 1–10, November 11–20, or December 21–31 will receive the payments on November 11, 2018, and 24.
Will Social Security payment amounts be affected by these changes?
Absolutely not. Social Security benefits for SSDI recipients and retirees will remain the same in December. Actually, it won’t be until January 2025 that they change.
The average 50-dollar boost in Social Security benefits will begin to appear for the first time since January 3. Only those who receive Supplemental Security Income will benefit from the increase on December 31, 2024.
According to Social Security’s COLA Fact Sheet, the average retirement payout in December will be around $1,927. SSDI recipients may get approximately $1,542. SSI recipients typically receive $697.
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Eliot Pierce is a dedicated writer for ChiefsFocus.com, covering local crime and finance news. With a keen eye for detail and a passion for storytelling, Eliot aims to provide his readers with clear and insightful analysis, helping them navigate the complexities of their financial lives while staying informed about important local events. His commitment to delivering accurate and engaging content makes him a valuable resource for the community.