The Social Security Administration sends five checks a month to people who get OASDI or SSI.
This gives them enough money to pay for things like food, shelter, medical care, rides to and from work, and fun.
As promised, here are all the official payment dates for December. These dates are very important for over 72 million people in the US.
Also, remember that if your Social Security checks don’t come on time, you should wait at least three days before calling customer service.
It will be December 2024 when 5 Social Security checks are sent out.
That way, the more than 72 million people who get money from Social Security would know when they would be paid for each insurance or financial program. The Social Security Administration had to make a monthly payment plan.
To find out more about the dates coming up this month, please look at this page or the official payment plan.
- On December 3rd: For those receiving benefits before May 1997 who were retired, survivors, or disabled
- On December 11th: For disabled people, retirees, and survivors who collected benefits after May 1997 and who additionally were born between the 1st and the 10th
- On December 18th: For disabled people, retirees, and survivors who collected benefits after May 1997 and who additionally were born between the 11th and the 20th
- On December 24th: For disabled people, retirees, and survivors who collected benefits after May 1997 and who additionally were born between the 21st and the 31st
- On December 31st: For SSI beneficiaries who will get their January benefits in advance.
On January 3, all other recipients will start getting their bigger checks.
Remember that if your benefits don’t come by the due date, you should wait at least three mailing days before calling the Social Security Administration’s customer service line or going to your My Social Security account to see if your payment has been sent.
Why do some people in the US choose to quit early?
“The average American retires a lot faster than planned and often not on their own terms,” says a new report from the Transamerica Center for Retirement Studies.
A study asked almost 60% of retired people who said they quit their jobs before they were supposed to. In the US, the average age to retire is 62.
Almost half of them said it was because of their health, like having problems or being unable to do certain things. There are several reasons why people quit their jobs before they retired. One is that they lost their jobs, and another is that their bosses changed how they did things.
Five Social Security checks will be sent out in December. Here are the official dates of payment.
If you are retired, you may be able to apply for Social Security before you hit your full retirement age (FRA). This means that you can get all of your benefits. This might be because they left their job earlier than planned.
People who work after retirement often tell Americans to wait as long as they can before asking for Social Security because it will save them money.
A worker doesn’t have to wait until they hit full retirement age, which is 66 or 67 years old depending on the year they were born. They can start getting the retirement payout before they turn 62, but they will get 30% less each month.
An American Transamerica poll of almost 2,400 retired people found that the average age at which people apply for Social Security is 63. This means that many older people have agreed to live on less money each month for the rest of their retirement.
The most you can get from Social Security is age 70, so if you wait until then, your monthly payment goes up by more than 30%.
Transamerica found that only 4% of workers wait until age 70 to start getting benefits, even though there is a reason to do so.