Social Security News – December payment date confirmed

Social Security Income payments of up to $943 for December will be sent in a few days to people with significant disabilities.

ssa paymens 2024 nov dic

ssa paymens 2024 nov dic

The Supplemental Security Income (SSI) payment for December, up to $943, will be sent to beneficiaries in 19 days. These payments go to people with significant disabilities that affect their income, according to the Social Security Administration.

To be eligible for these payments, applicants must be partially blind or have a physical or mental condition that significantly limits their daily activities for 12 months or more. Individual applicants can receive up to $943, couples up to $1,415 monthly, and essential caregivers up to $472.

These are the Payment Dates in the Social Security for the Rest of the Year

Here we are also going to tell you How you can calculate your monthly Social Security benefit payment with a free online tool. If you are thinking about retire quick, or you just want to find out, just to know how much money you will be able to receive when you start receiving the benefits of the Social Security, you’re in luck. There is a “My Social Security” tool that is free to use, available on the web, for anyone who wants to obtain an estimate of their monthly payment or manage their benefits, and much more. In fact, it is truly necessary if you are currently recipient of the Social Security.

Learn more about SSI

The SSI, It is a program administered by the SSA. The program offers benefits to low-income, low-income people who are blind, age 65 or older, or have a qualifying disability. The payments of SSI, They usually take place on the first business day of each month. This year, December 1st falls on a Sunday, so beneficiaries can expect to receive their payment on SSI December on Friday, November 29, as already mentioned.

While an additional monthly payment initially sounds attractive, this difference in scheduling can affect recipients’ budgets. SSI and the distribution schedule SSI by 2025 shows equally strange programming trends. The irregularity in the scheduled November payment was seen earlier this year, when beneficiaries of the SSI received two checks from SSI in August, but none in September.

There were no social security checks in September. Similar to the problem with the distribution of SSI in December, September 1st fell on a Sunday, so the payments of the SSI They were sent on Friday, August 30.  This change in the regular payment schedule had an impact when nearly 7.5 million people receiving the benefit accepted compensation from the increase in the Social Security for 2025

Last October, the SSA Announced Changes in Social Security for 2025.

The first change is a 2.5% cost of living adjustment (COLA). This Social Security increase for 2025 will translate into an estimated additional increase of $50 per month in January of next year. Despite the positive news, this increase is smaller than the COLA average of 2.6% over the past decade.

The second change announced by the SSA for 2025 is the increase in the Social Security tax for high-income workers. The “taxable maximum,” the maximum amount of income subject to Social Security tax, will increase by $7,500 starting in 2024, from $176,100 to $168,600 due to inflation and wage growth.

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