The United States government has confirmed that a large number of retirees will not receive additional Social Security payments until December. This delay aligns with the official payment schedule, which assigns specific dates for beneficiaries based on their grouping. While some retirees have already received their November payments, most will have to wait for the December payment cycle to begin.
Who Won’t Receive Payments Until December?
The Social Security payment schedule divides retirees into four groups, determined by their benefit start date and birthday. Payments for Groups 1, 2, and 3 were completed earlier this month, leaving only Group 4 to receive their payment in November, scheduled for November 27.
Here’s a breakdown of the groups and their November payment status:
Group | Payment Date | Details |
---|---|---|
Group 1 | November 1 | Retirees who began receiving benefits before May 1997. |
Group 2 | November 13 | Retirees with birthdays between the 1st and 10th of the month, receiving benefits after May 1997. |
Group 3 | November 20 | Retirees with birthdays between the 11th and 20th of the month, receiving benefits after May 1997. |
Group 4 | November 27 | Retirees with birthdays between the 21st and 31st of the month, scheduled for payment later this month. |
Groups 1, 2, and 3 have already received their November payments, meaning these retirees will have to wait until December for their next deposit.
Complete December 2024 Social Security Payment Schedule
The December payment schedule follows the standard Social Security structure, with payments staggered by group. Below are the official payment dates for December 2024:
Group | Payment Date | Details |
---|---|---|
Group 1 | December 3 | Retirees who began receiving benefits before May 1997. |
Group 2 | December 11 | Retirees with birthdays between the 1st and 10th of the month, receiving benefits after May 1997. |
Group 3 | December 18 | Retirees with birthdays between the 11th and 20th of the month, receiving benefits after May 1997. |
Group 4 | December 24 | Retirees with birthdays between the 21st and 31st of the month. (Adjusted due to the holiday on December 25.) |
Payments for December will begin with Group 1 on December 3 and conclude with Group 4 on December 24. It’s worth noting that since December 25 is a holiday, payments for Group 4 will be issued on the preceding business day, December 24.
Key Notes About the Social Security Payment Schedule
- Plan Ahead: Understanding the payment schedule is essential for retirees to manage their finances effectively. Knowing your group’s designated payment date can help you avoid unnecessary confusion.
- Year-End Schedule Adjustments: While December marks the final payment cycle for 2024, retirees should be aware that the January 2025 SSI payment will be sent early, on December 31, allowing beneficiaries to access funds before the new year begins. This payment will reflect the COLA (Cost-of-Living Adjustment) for 2025, offering an early financial boost.
FAQs
Who will receive a Social Security payment in November?
Only retirees in Group 4, with birthdays between the 21st and 31st of the month, will receive their payment on November 27.
When will retirees in Groups 1, 2, and 3 get their next payment?
Retirees in Groups 1, 2, and 3 will receive their next Social Security payments in December, beginning with Group 1 on December 3.
Why is the December 24 payment date adjusted?
Since December 25 is a holiday, payments for Group 4 will be issued on the preceding business day, December 24.