Social Security beneficiaries in any part of the United States should keep an eye on the December payment schedule, as it marks the end of 2024. Some will receive an extra check shortly before 2025 begins.
This latest check, for 2024, will be mailed on Monday, December 24, benefiting millions of people, particularly those in Social Security Group 4.
In addition, we will be able to find another different check at the end of the same month of December 2024, but this check will only be available to SSI beneficiaries who have Direct Deposit enabled.
Although this retirement payment arrives close to the New Year’s holidays, it is important to note that it does not include the 2.5% cost-of-living adjustment (COLA) that will be implemented in 2025; we will have to wait until next year to benefit from this increase. In this sense, the December 24 check will contain the same payment as the rest of the 2024 checks.
Who will get this additional payment?
The December 24 check is intended for beneficiaries in group 4, which includes those who began receiving their benefits after May 1997 and were born between the 21st and 31st of any month.
Because Christmas is quickly approaching, this payment date has been moved forward to ensure that all beneficiaries receive their funds in time for the holidays. When there is a holiday on the day the checks are mailed, this is standard practice.
It’s important to remember that the amount each beneficiary receives is determined by factors like their earnings history and time worked. As a result, although it will not include the COLA 2025, this check will be extremely useful in covering additional expenses in the final week of the year.
Any assistance in meeting monthly expenses is appreciated, but it is especially important during holidays such as Christmas and New Year’s.
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