Wednesday, December 18

When will the last Social Security payment be this year?

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By Arlenys Tabare

Dec 17, 2024, 1:40 PM EST

More than 7 million American retirees rely monthly on checks distributed by the Social Security Administration (SSA) with amounts ranging from $2,710 dollars to $4,873 dollars.

The SSA publishes a payment schedule every month so that retirees and beneficiaries of programs such as Supplemental Security Income (SSI) or Disability Insurance (SSDI) know when they will receive their money and can better manage their payments. finance.

In the case of retirees it is divided into two parts, those who retired before May 1997 and those who requested retirement after that year, For the latter there are three rounds of payments depending on the date of birth.

According to the plan, the last Social Security check of this year aimed at retirees will be sent next Tuesday, December 24, it is usually sent on Wednesdays, but payment will be advanced because it is a holiday.

This check will be for retirees who requested their withdrawal after May 1997 and were born between the 21st and 31st of any month. The amounts will depend on their retirement age, those 62 years old receive $2,710 dollars, those 67 years old are sent $3,822 dollars and those who delayed their retirement until age 70 get $4,873 dollars.

Finally, the Social Security Administration will send a payment to insured people of the Supplemental Security Income Program on Tuesday, December 31, This check is an advance for the month of January because the date coincides with a holiday.

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