Millions of American retirees started receiving their Social Security checks on December 3. However, you only got this payment if you began receiving retirement benefits before May 1997. Or if you got them later but you are receiving both, Supplemental Security Income benefits and retirement benefits in the United States.
Do not forget that the Administration will deliver 3 more payments. Although they often come on the second, third, and fourth Wednesday in December, there is an exception.
Not all Social Security payments will be issued on Wednesdays in December
If you did not qualify for the December 3 payment, you belong to one of the groups that receive Social Security benefit payments on December 11, 18 and 24. As you can see, there are just 6 days between the second and the third round of payments.
This is because the Social Security Administration never issues payments on December 25. Hence, the checks and direct deposits will be issued on the previous business day.
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What is more, you will need to meet the birthday requirement to get your payment on either day. For example, you will get your payment on the 11th, 18th or 24th if:
- Dec. 11: born between the 1st and the 10th
- Dec. 18: born between the 11th and the 20th
- Dec. 24: born between the 21st and the 31st
How much will retirees receive from Social Security in December?
The amount of money that retirees will get from the Agency will be about $1,927 in December. This figure comes from SSA’s COLA Fact Sheets. So, if you you do not get so much money, it may be because you did not work for 35 years, you filed at 62, and your wages were low.
Those retirees who have filed at 62 can get up to $2,710. Of course, you must have been a high earner for 35 years or more and had jobs covered by the Administration.
70-year-olds can receive up to $4,873 in December 2024. If you filed at Full Retirement Age, you can get up to $3,822. The COLA for retirees will be issued on January 3, 8, 15 and 22, in 2025.