December Social Security Payments: What Retirees Need to Know

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Source: AS USA
December Social Security Payments: What Retirees Need to Know
Photo: AS USA
TL;DR Summary

The Social Security Administration distributes payments based on birth dates, with those born between the 1st and 10th receiving their payments on the second Wednesday of each month. On December 11, beneficiaries in this group will receive an average payment of $1,900. Payments for those born between the 11th and 20th will be on December 18, and for those born between the 21st and 31st on December 24, due to the holiday. SSI beneficiaries will receive their January 2025 payment on December 31, reflecting a 2.5% COLA increase.

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