Payments are on the way and there are millions of Americans who have not received all the checks scheduled for December. While some retirees and people with a disability will get their next benefit in 2024, others will receive it in days.
If you did not start receiving checks before May 1997, you may qualify for the last retirement and SSDI check in 2023. The thing is you will have to meet the birthday requirement to get one of these 2 payments.
The last 3 payments for retirees and people on SSDI are arranged depending on your birthday. For example, if your birthday is from 1-10, you get the first check. Those whose birthday is from 11-20 get the second and the rest qualify for the 3rd check.
WHO WILL RECEIVE THE PAYMENTS ON DECEMBER 27?
The Social Security Administration has revealed that those whose birth date is from the 21st to the 31st will collect the check on December 27. There will be two payments on that same day.
The first check on December 27 will people for people with a disability on SSDI. The second payment is for those retirees who qualify for the last check of the year if they are in retirement.
Remember that these payments are only for those who began receiving money from Social Security after or in May 1997. As for the amounts, it will depend on the type of payment you have and the earnings and work history you had before.
On average, SSDI payments are about $1,489 while their largest check possible is $3,627 in 2023. Those collecting retirement checks can receive up to $4,555 in 2023. The average check for retirees will be $1,848. These payments will become $1,537, $3,822, $4,873, and $1,907 respectively after the COLA boost in 2024.
SSI PAYMENT ON DECEMBER 29, 2023
Even if you received your check on December 1, there will be another SSI benefit arriving 2 days before 2023 is over. SSI payments usually arrive the first day of the month, so this payday will be an exception.
For your information, the Administration prefers to schedule payments on business days. By doing so, they avoid trouble with late checks and beneficiaries who cannot contact their banks or financial institutions.
As New Year is a holiday, SSI recipients will receive their money on December 29. So it will be 3 days before the date it should have been. SSI payments are worth up to $943 in 2024.
Since this will be a January payment in December, it will include the 2024 COLA increase. The last SSI check was up to $914, so it will go up by 3.2%. Married couples can get up to $1,415 and essential persons up to $472 on December 29.