The Social Security Administration (SSA) makes sure that millions of seniors across the country have enough money to keep up with inflation and pay their monthly bills by sending them retirement benefits every month.
To get retirement benefits, retirees must meet certain requirements, such as getting their first Social Security payment before they reach full retirement age, having enough work history, and paying into the system while they were working.
The federal government set up a Social Security payment schedule to make sure that all recipients get their payments on time. This is because it is their job to pay benefits to over 71 million seniors in the United States.
People who retired in the US and were born between January 21 and December 31 will get a new monthly check today because of this schedule.
In hours, retirees who were born between the 21st and the 31st will get their new Social Security payment.
Not getting a Social Security payment is important for millions of retirees who depend on these benefits to pay for things like housing, food, entertainment, and medical care.
Before retirees can get these benefits, they must meet certain requirements set by the Social Security Administration.
These include reaching the full retirement age (FRA), having enough working credits, and paying Social Security taxes based on the maximum taxable earnings limit. Here is a list of the different levels of retirement benefits that will be paid out in 2024:
- Retirement checks worth up to $2,710: These checks are available to seniors who applied before reaching full retirement age, which is presently 62 and can total up to $2,710, based on their average prior contributions.
- Retirement checks reaching up to $3,822: these monthly payments will only be eligible for those recipients who claimed benefits at 67 years old, which is currently known as the full retirement age (FRA)
- $4,873 Social Security checks: Depending on their historical average payments, seniors who delay benefits until they reach 70 will earn the maximum benefit of $4,873.
Retirees who have paid into Social Security for at least 35 years can get the maximum benefit, which is based on their highest taxable income. If not, they might not be able to get this maximum amount, even if they wait to get benefits.
We suggest that you talk to a financial counselor or SSA worker to improve your chances of getting this Social Security payment, since the process of claiming the $4,873 check could be hard.
Social Security retirement checks, which will be available in December
As November comes to a close, the Social Security Administration announced that all eligible retirees will start getting their benefits on December 3. The only people who will not start getting benefits are those who got their first check before May 1997.
Once this last payment is made, the SSA will send three more payments on the second, third, and fourth Wednesdays of each month to all beneficiaries who claimed benefits after the date given.
Please look at the December calendar to see when your Social Security payments will be made next month:
Social Security programs | Payment date | Conditions to receive the Social Security payment |
Retirement benefit program (before 1997) | December 3rd | Regular payment from the RSDI program |
Retirement benefit program (after 1997) | December 11th
December 18th December 24th |
Day of birth: 1st–10th.
Day of birth: 11th–20th. Day of birth: 21st-31st. |
SSI payment in advance | December 31st (Wednesday) | This payment comes in advance as December 1st falls on a weekend |
You should wait three mailing days before calling customer service if you do not get your payment check on the due date. You can find out more about your monthly benefits by going to the Social Security website or logging into your My Social Security account.
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