The end of December 2023 is here for both the United States and the rest of the world. This year has had its Social Security payment schedule, as it does every year, and now the last of the checks are already reaching their beneficiaries. The last payment is being sent today.
If you want to know how to get today’s Social Security payment just check the requirements. If you meet the conditions, you may receive your payment today or in a few days, depending on several factors. What is certain is that it is the last of the payments belonging to the 2023 calendar year.
Although it is true that this payment arrives a little after Christmas it will still arrive before the end of the year holiday. So with the money from this benefit we can get the year of 2024 with better expectations. Therefore, in case you have not yet gotten the payment it is good for you to know the requirements for the Social Security check of this last day of 2023.
CONDITIONS TO GET THE LAST SOCIAL SECURITY CHECK OF 2023
The first thing we must keep in mind in order to collect this payment is that without these conditions it is impossible to get it. We cannot meet only half of the conditions and collect the last of the 2023 Social Security checks. In order to collect the payment, it is mandatory and indispensable to have all the requirements fulfilled.
If we do not meet these requirements, it means that our payment belongs to another day. Therefore, in that case we must claim the payment, since all payments prior to this one were already sent on the 1st, 13th and 20th of the month of December.
To obtain this last payment of the year it is necessary to meet these two requirements:
- Have a Social Security check from after 1997. This year makes the difference between cashing the first check of each month or getting payment later.
- Have a birthday between the 21st and 31st of the month. This second requirement closes the group of beneficiaries belonging to the last payment of each month.
In order to get the payment immediately, we must activate Direct Deposit. Thanks to this collection method we will be able to instantly receive our retirement check. So whether due to disability, age or some other reason the payment will still arrive on the last day of 2023. The payment is being sent today, December 27th, so if you meet these requirements you should have the money already available.
COLA 2024: MORE MONEY IN NEXT YEAR’S RETIREMENT
After this December 2023 Social Security payment will begin next year’s payment schedule. And the COLA will cause all Social Security payments to increase by 3.2% starting in January.
This implies that even Supplemental Security Income will also increase in amount. Therefore, we find that each and every check issued by the SSA will have a higher figure starting next January.
Likewise, we can also see an irregularity in the timing of these payments. This irregularity is none other than the sending of the first of the January 2024 payments in December 2023. This payment will be the January SSI and will arrive on December 29th with the COLA extra added.