The Social Security Administration has announced the payments for the month of December. Unlike most months, there will be no payment on the 3rd of the month. This payment is for those who received benefits before May 1997. It is also for those on SSI and Social security benefits.
From December 3 is sunday Administration sent his monthly installment on December 1st. Therefore, they will collect their own money on the same day as those of SSI. Advance payments are made when there is a holiday or weekend on the day of payment.
If you haven’t received yours Social Security retirement benefits on December 1st, you have to wait at least three days for shipping. Before calling or visiting your local office, contact your financial institution or bank to see if they processed your payment correctly.
When will the rest of Social Security arrive in December?
The fact that there isn’t payments from December 3 to December 9 does not mean that there will be no more payments. Actually there will be 4 more days to pay. In addition, one of them will lead to another increase in the cost of living.
The next three Social security payments will be for those who did not receive benefits before May 1997. Moreover, they must meet one condition that their birthday also qualifies.
For example, if your birthday is from the 1st to the 10th, you may receive your retirement or SSDI check back on December 13th. Alternatively, you can receive your payment on December 20th. This will be only for those eligible beneficiaries whose birthday is from 11th to 20th.
The last check those of retirement or SSDI you can get it will be on December 27th. But make sure your date of birth is from 21st to 31st. But there will be payment for January and on 29th December.
Who will receive their Social Security check on December 29?
None of the aforementioned payments include the COLA increase. However, the December 29 check is for SSI beneficiaries and was due to arrive on New Year’s Day. As it is a holiday, it will go to the recipient’s bank accounts 3 days before.
Although it may be surprising to some new beneficiaries of both SSI and Social security, they can receive 3 checks from the Administration in the same month. SSI amounts are up to $914 on December 1, 2023.
On December 29, they can receive up to $943 toward their SSI payment. If they also receive SSDI or retirement benefits from Social securitythey can get much more.
For example, if you receive an average check as a retiree, you could receive approximately $1,848 in 2023. SSDI recipients could receive an average of about $1,489 in 2023. Thanks to the COLA increase, their January payments will increase by 3.2%.