Social Security recipients can expect payments in December 2024, ranging from $2,710 to $4,873, depending on their eligibility and work history. If you meet certain conditions, you could receive one of the largest benefit checks of your life. Read on to find out how much you could get and when you can expect your payment.
Requirements for Receiving $2,710, $3,822, or $4,873 in December 2024
To get the maximum Social Security payment, there are several requirements you need to meet:
- Age and Work History
To qualify for Social Security benefits, you must be at least 62 years old. Additionally, you need to have worked for at least 35 years. - Earned Enough Money
The amount you earned during those 35 years also matters. If you want to qualify for a larger payment, your earnings need to have been the maximum taxable amount. For example, the taxable maximum amount in 2024 is $168,600. - When You Apply
- At age 62: If you apply at age 62 and meet the earning requirements, you can get up to $2,710.
- At Full Retirement Age (FRA): If you apply at Full Retirement Age (66 or 67, depending on your birth year), you can get up to $3,822.
- At age 70: If you wait until you are 70 to apply, your payment could be as high as $4,873.
Payment Dates
Date | Birthdate Range | Payment Amount |
---|---|---|
December 3, 2024 | Benefits before May 1997 | Up to $4,873 |
November 29, 2024 | SSI recipients | Around $1,927 |
December 11, 2024 | Birthdates from 1-10 | Up to $3,822 |
December 18, 2024 | Birthdates from 11-20 | Up to $3,822 |
December 24, 2024 | Birthdates from 21-31 | Up to $3,822 |
Social Security Paydays in December
The first payment day in December is December 3, 2024. This is for those who started receiving Social Security benefits before May 1997. If you are eligible for Supplemental Security Income (SSI), your payment will arrive on November 29, which is earlier than usual.
- For SSI and Social Security recipients: You will get your retirement benefits on December 3, 2024, but your payment amount will be around $1,927, which is an average payment.
- For those who got benefits after April 30, 1997: Your payment will depend on your birthdate. Here’s the schedule for these paydays:
- December 11, 2024: If your birthday is between the 1st and 10th of the month.
- December 18, 2024: If your birthday is between the 11th and 20th of the month.
- December 24, 2024: If your birthday is between the 21st and 31st of the month.
Conclusion
Retirees can expect Social Security payments in December 2024, but the amount they receive depends on factors like when they started receiving benefits, their work history, and their age at the time of applying. Those who filed before May 1997 will receive their payments earlier in the month, while others will be paid later. Be sure to check the exact dates based on your birthdate and filing status.
FAQ’s
When will retirees get their Social Security payment in December?
The first payment is on December 3, with subsequent payments based on birthdate, with some payments on December 11, 18, or 24.
How much can retirees expect to receive in December 2024?
Payments range from $2,710 to $4,873, depending on age and work history.
Why is my payment on November 29 instead of December 1?
If you receive SSI benefits, your payment will be on November 29 instead of December 1.