U.S. Government confirms Social Security payments for millions of Americans in December, huge checks of up to $4,873

Posted by Anderson November 29, 2024
U.S. Government confirms Social Security payments for millions of Americans in December, huge checks of up to $4,873

The Social Security Administration (SSA) said that there will be a Supplemental Security Income payment on November 29, 2024. However, there are no other retirement benefit payments planned for November.

So, retirees will have to wait until the first few days of December to get a new payment of up to $4,873 a month if they are eligible.

The last December payment from Social Security will be sent to recipients’ bank accounts on December 24. The first payment will be sent out on December 3. So, there are 21 days between the two payments, which is three weeks.

Eligible recipients for the Social Security payment on December 3

Keep in mind that the SSA’s rules say that only two types of retirees can get money on December 3, 2024. People who get both SSI and Social Security will be one of them.

Someone who started getting Social Security benefits before May 1997 is the other group that can start getting benefits on December 3. Those who didn’t start before that date still have three more paychecks, but they need to meet the birthday requirement.

  • December 3 payment: on both SSI and retirement benefits or on benefits before May 1997
  • December 11 payment: born from 1-10
  • December 18 payment: born from 11-20
  • December 24 payment: born from 21-31
U.S. Government confirms Social Security payments for millions of Americans in December, huge checks of up to $4,873
Source google.com

Eligibility for a Social Security payment worth $4,873 in December

Just so you know, not all Americans can get Social Security benefits, and not all of them get the same amount of money. In fact, we can only tell readers what the average payment was in October 2024.

The amount used to be $1,927, and it will stay that way until the new COLA starts in January 2025. To get $4,873 in December, you had to have worked 35 years in SSA-covered jobs, filed your taxes when you were 70, and earned the base amount of contributions and benefits during that time.

In reality, it’s not that easy because few Americans can make the most they can legally for 35 years. However, it is smart to wait to retire until you are 70 years old so that you can get an extra 24% from Social Security.

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