With December coming up, the Social Security Administration has announced a new check for $1,900 from Social Security. For workers who are eligible, this check will be deposited on Christmas Day.
The SSA sends more than 70 million payments every month to seniors, widows, disabled people, and people who get Supplemental Security Income (SSI).
So that people who get these benefits know when to expect their checks, the SSA made a monthly schedule for them.
Workers who have retired can get an average of $1,900, but they can get more or less depending on their full retirement age (FRA), work history, and the amount of Social Security taxes they paid while they were working.
Retirees will receive a large Social Security payment of $1,900 on Christmas day
As planned for this year, retired workers will receive four payments from Social Security in December. The SSA sends this group of beneficiaries their first payment on the third day of every month.
They then receive payments on the second, third, and fourth Wednesdays of every month. The calendar will have a small change next month, though, because the fourth Wednesday will be on December 25th.
Since this is a holiday, the federal agency will move the payment date to the business day before. This means that the last payment for December will come on December 24th.
Click on the link below to learn more about all the requirements that recipients must meet in order to get these payments.
- On December 3rd (Tuesday), retirees who claimed their first Social Security check before May 1997 will get their benefits on this date.
- On December 11th (Wednesday), retirees who claimed after May 1997 and were born between the 1st and the 10th will get their benefits on this date.
- On December 18th (Wednesday), retirees who claimed after May 1997 and were born between the 11th and the 20th will get their benefits on this date.
- On December 24th (Tuesday), retirees who claimed after May 1997 and were born between the 21st and the 31st will get their benefits on this date.
It is important to remember that if your monthly benefits do not arrive on time, you should wait at least three mailing days before calling the Social Security Administration. The delay could be caused by problems with your bank’s system.
Also, do not forget that you can log in to your My Social Security Account and download your financial statements or ask for more Social Security-related services.
How much money will retirees receive on Christmas Day?
Current SSA rules say that retirees will get different amounts of money depending on when they started getting benefits and how much they paid in taxes for the last 35 years. This Christmas Day, the following people will receive the following amounts of money:
Social Security payments | Retirement benefits |
On average | $1,900 |
Other payments | Age 62: $2,710
Age 67: $3,822 Age 70: $4,873 |
As the end of the year draws near, people who get monthly checks should know that starting in January 2025, they will be bigger. This rise is due to the cost of living adjustment (COLA), which was set at 2.5% for the following year.
If the rate goes up every year, beneficiaries will get an extra $1,948, and people who start getting benefits at age 62 will get $2,778.
People who start getting benefits at the full retirement age of 67 will also get $3,918. Finally, some retirees will get the most money, $4,995, if they pay taxes based on their highest taxable income.
Not only will retirees’ monthly benefits go up by this much every year, but so will the benefits of survivors, disabled people, and SSI recipients, as explained here:
Survivor benefits | Social Security checks | 2.5% COLA increase | Extra income |
On average | $1,505 | $1,543 | $38 |
Individual | $1,773 | $1,817 | $44 |
2 Children | $3,653 | $3,744 | $91 |
Disability benefits | Social Security checks | 2.5% COLA increase | Extra income |
On average | $1,537 | $1,575 | $38 |
Blind recipients | $2,590 | $2,655 | $65 |
Maximum payment | $3,822 | $3,918 | $96 |
SSI benefits | Social Security checks | 2.5% COLA increase | Extra income |
On average | $698 | $715 | $17 |
Individuals | $943 | $967 | $24 |
Couples | $1,415 | $1,450 | $35 |
Essential person | $472 | $484 | $12 |
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