Although the Social Security payment schedule is one of the most reliable elements of the United States agencies, it sometimes has irregularities. Fortunately, these irregularities can be corrected very easily. That is precisely what the Social Security Administration will do next December.
The first of the December Social Security payments is the January Supplemental Security Income. This SSI payment should be on the 1st of the month, but that day is a holiday and also a Sunday. Therefore, SSA cannot send the payment on that exact day. Following the protocol regarding this type of irregularity, the SSA will then send this payment on the last working day of December. In this case, it is on the 30th day of December when the SSA will pay the SSI benefit to the beneficiaries.
It should be noted that since this is the first of the 2023 payments, this Supplemental Security Income check includes the COLA increase. Therefore, the check will increase by 8.7% over the December check. In addition to that payment, there will be other different Social Security payments in December, just as there are in all other months.
Social Security payments in December
The January Supplemental Security Income payment that Social Security will send at the end of December is not the only payment. The schedule of full SSA payments for December 2022 is as follows.
- December 1. Supplemental Security Income benefit payment. This is the last SSI payment that pertains to 2022.
- December 14. Social Security retirement payment for seniors and persons with disabilities born between the 1st and 10th of a month.
- December 21. SSA will send benefit payment to those born between the 11th and 20th.
- December 28th. This is the last retirement payment to be paid by Social Security in 2022. It is for retirees born between the 21st and 31st of a month.
- December 30. First payment in 2023. Belongs to next January’s Supplemental Security Income, but will be sent out later this year.
Although the Social Security Administration will send the payment in December 2023, a large majority of retirees will not receive it until January of the following year.
If a senior wants to receive this payment, or any other payment, immediately, he or she must activate Direct Deposit. Receiving the money in the bank account means waiting on average 3 days for the money to arrive. Both methods are totally secure, but Direct Deposit is much faster and more effective, and you don’t need a bank account to use it. And any retiree with Direct Deposit will be able to pay for everything with the Direct Deposit card as if it were a regular debit card.