MIAMI.- In USA There are more than 70 million people, including retirees and disabled people, from various social programs who receive monthly checks from the Social Security to meet your needs.
Some Social Security Administration (SSA) beneficiaries will receive a double payment as part of this financial aid before the start of next year, according to the 2023 calendar.
Find out who will receive them and the payment dates
The almost 7.5 million beneficiaries of Supplemental Security Income (SSI) are the ones who will receive two payments in the month of December 2023as announced by the entity.
This is because the SSA will advance one of the payments that is normally issued for SSI beneficiaries on the first day of each month, but if it falls on a holiday or weekend, it is sent on the closest business day of the month. last month.
He The first payment corresponds to the month of December, which means that it should have already been issued, while the second is scheduled for Friday, December 29, because Monday, January 1, 2024 is brought forward due to the end-of-year festivities, so that beneficiaries receive their payment without delay or inconvenience.
They will come with increase
The Social Security Administration announced increasing the cost of living adjustment (COLA) to 32% in 2024, based on demand and high levels of inflation.
Reason why this corresponding increase will be reflected in the second December payment according to the calculations made by the SSA, since it is the first payment of 2024.
According to the information provided by the agency, SSI payments in 2024 They will increase from $914 to $943 dollars per month per individual, while for couples it will increase from 1,371 to 1,415 dollars per month.
How will they be shipped?
SSI payments are sent via direct deposit to beneficiaries who have provided a bank account in the SSA, Direct Express debit card program or through a check that is sent by postal mail.
Please note that payments may be sent later depending on the bank. If you do not receive your payment on the expected date, it may take up to 3 days for the money to appear in your bank account.
Other payments
On the other hand, the SSA will also send payments in the month of December with an average of $1,827 for retirees over 62 years of age.
Those who have retired at their full retirement age, which is 67 years, will be able to receive the maximum benefit of $3,822 per month, which does not depend on the COLA.
These payments depend on the beneficiary’s wages during his or her time as a U.S. worker, years worked, retirement age, and other factors such as payment of Social Security taxes.
Sending payment depends on the date of birth. Those born between the 1st and 10th will receive their benefit on December 13th.
As for those born between the 11th and the 20th, they will have to wait a little longer, the payment will arrive on December 20th. Lastly, for those born between the 21st and the 31st, the money will be in your account on December 27th.
@Lydr05
Source: With information from the Social Security Administration (SSA) and El Comercio
