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SOCIAL SECURITY

$1,800 Social Security checks: When to expect your payment in December 2023

It’s the last month of the year and this means Social Security beneficiaries will receive a new payment. Here is the month’s payment schedule.

When to expect the Social Security COLA 2024 increased payments

A new month is approaching and that means one thing for all Social Security beneficiaries: the arrival of an average payment of $1,800. Every month, the Social Security Administration issues more than 70 million payments to all beneficiaries of the program, the majority of whom are retired workers.

For 2023, the average payment is $1,827 for a retiree. However, the specific amount depends on various factors, such as their work history, the salary level received throughout their working years, and the tax contributions given to Social Security during that same period. These factors are considered in addition to the age at which the worker in question decides to request retirement.

READ ALSO: How much will the Social Security benefit increase in 2024?

Check issuance occurs every Wednesday, although the exact date depends on the day of birth of the beneficiaries. Those who were born between the 1st and the 10th receive the money on the second Wednesday of the month, while those with a birth date from the 11th to the 20th receive the money on the third Wednesday. Those whose birthdays fall on the 21st to the 31st get their money on the last Wednesday of the month.

People who receive Supplemental Security Income (SSI) benefits and those who retired before May 1997 do not fall into the previous scheme, since they receive the money on the first day of the month.

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$1,800 Social Security Payments: Exact Payment Dates in December 2023

Taking into account the distribution of payments, here is what the Social Security check schedule looks like for December, according to the date of birth of the beneficiaries:

  •  December 1: SSI beneficiaries and those who began receiving their payments before May 1997
  • December 13: Beneficiaries with a date of birth from the 1st to the 10th
  • December 20: Beneficiaries with a date of birth from the 11th to the 20th
  • December 27: Beneficiaries with a date of birth from the 21st to the 31st

SSI beneficiaries will receive two payments in December, because the first January check is brought forward as the actual payment date falls on a weekend. The first 2024 payment for Supplemental Security Income beneficiaries is due on De. 29, and it will arrive with the automatic 3.2 percent COLA increase.

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