A new month is approaching, and that means one thing for all Social Security recipients. The average payment will be $1,800. Every month, the Social Security Administration Over 70 million payments issued to all program beneficiariesthe majority of whom are retired workers.
Towards 2023, Average pay for retirees is $1,827. However, the specific amount depends on a variety of factors, including: their work history, the level of salary they received over the course of their employment, and the amount of tax they contributed to social security. At the same time. In addition to these factors, the following are considered: The age at which the worker decides that he or she wishes to retire.
Also read: How much will Social Security benefits increase in 2024?
Checks are issued every WednesdayHowever, the exact date depends on the beneficiary’s date of birth. Those born between the 1st and 10th will receive it on the 2nd Wednesday, and those born between the 11th and 20th will receive it on the 3rd Wednesday. People whose birthday is between the 21st and the 31st will receive their money on the last Wednesday of each month.
people receiving Supplemental Security Income (SSI) benefits and Those who retired before May 1997 are not eligible for the previous schemebecause they receive money, first day of the month.
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$1,800 Social Security Payment: Exact Payment Date December 2023
Considering the distribution of payments, we get: What will the December Social Security check schedule look like? Depending on the date of birth of the beneficiary:
- December 1st: SSI beneficiaries and those who began receiving payments before May 1997.
- December 13th: Recipients whose date of birth is from 1st to 10th
- December 20th: Those whose date of birth is between the 11th and 20th
- December 27th: Recipients whose date of birth is between 21st and 31st
Because the actual payment date falls on a weekend, the first check in January will be brought forward, meaning SSI beneficiaries will receive two payments in December.. Her first payment of 2024 to the Supplemental Security Income beneficiary is scheduled for his December 29th and will be paid along with his automatic COLA increase of 3.2%..
