If you are anticipating your Social Security benefits in December, it’s crucial to be aware of the payment schedule, especially since December will see 6 payments instead of the usual 5. Here’s a breakdown of the payment dates for Supplemental Security Income (SSI), retirement benefits, and Social Security Disability Insurance (SSDI) recipients:
December Payment Dates
- SSI Payments:
- December 1
- December 29
- Retirement Payments for Retirees Before May 1997:
- December 1
- Retirement or SSDI Payments Based on Birthdate:
- December 13 (Birthdate from 1-10)
- December 20 (Birthdate from 11-20)
- December 27 (Birthdate from 21-31)
- SSI Recipients:
- SSI recipients will be the first to receive a payment on December 1 and the last on December 29.
- The December 1 SSI check does not include the 2024 Cost of Living Adjustment (COLA), with a maximum of $914 in 2023 and an increase to $943 for the December 29 check in 2024.
- SSDI Recipients:
- SSDI recipients may receive a payment of up to $3,627, with average payments around $1,486.
- Retirement payments for retirees vary based on factors such as earnings, work history, and retirement age.
- Average retirement payments are approximately $1,841.
- The maximum Social Security check is $4,555 in 2023 at the age of 70. For those who filed at 62, payments can range up to $2,572 or $3,627 at Full Retirement Age.
Payment Schedule Overview
- December 1: SSI payments and retirement payments for retirees before May 1997.
- December 13: Retirement or SSDI payments for those with a birthdate from 1-10.
- December 20: Retirement or SSDI payments for those with a birthdate from 11-20.
- December 27: Retirement or SSDI payments for those with a birthdate from 21-31.
- December 29: Another SSI payment, including the 2024 COLA.
Ensure that you have filed for benefits to be eligible for Social Security payments, and be mindful that the amounts can vary based on different factors. Stay informed about the specific payment dates to manage your finances effectively.
This information provides a general overview, and individuals should verify details with the Social Security Administration for accuracy and any updates.