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Social Security News – Administration will send direct average payments of $1,666 in 5 days

This month's next payment from the Social Security Administration will be for all eligible retirees and people with disabilities

Abraham Quirós Villalba by Abraham Quirós Villalba
09/12/2022 20:14
in Money
Social Security sends out payments in days

Social Security sends out payments in days - CANVA

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Your Social Security monthly check will be larger with this tips

401(k) -Five big mistakes you should avoid in 2023

Don’t even ask about your Social Security check if you are under these circumstances

With a payment schedule such as that of the United States Social Security Administration, it is easy to know the day on which we will receive our retirement benefits. Despite this, there are times when it is easy to get lost with this information due to the fact that there are several different payments. Having clear ideas about the group to which we belong to collect the check, we should have no problems to understand the system.

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Thus, next December 14th is the first of the days in which the Social Security will send a retirement check to the beneficiaries. If you want to know if you are on the list and will receive your payment on that day, just check your date of birth. If you meet this requirement, you will be on the list for the Social Security Administration to send you your retirement or disability payment today.

The basic requirement is, therefore, to have your date of birth between the 1st and 10th day. However, you do not have to be born in December to receive the December benefit. The only indispensable element to be able to collect the December 14th retirement check is to have been born between the 1st and 10th of any month.

It should also be remembered that this is not the only payment that Social Security will make in the month of December. There are two other payments related to retirement benefits, as well as the Supplemental Security Income payment.

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All Social Security payments in December

In the month of December, exceptionally, there are up to 5 different payments.

Find out when Social Security will send your money
Find out when Social Security will send your money – CANVA
  • December 1st. December SSI payment.
  • December 14th. Payment for retirees born between the 1st and the 10th.
  • December 21st. Social Security check for those born between the 11th and 20th .
  • December 28th. Benefit for those born between the 21st and 31st.
  • December 30th. SSI check for all eligibles. This payment actually pertains to January 2023.

To receive this payment automatically you must have Direct Deposit activated. For all retirees who do not have this option activated, the usual wait for Social Security to arrive in your pocket is 3 days.

How to maximize the pension check?

There is a possibility to increase the pension check. But to achieve this we must not have a retirement benefit already accepted. That is to say, we must plan this with time.

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The three most determinant elements to get the biggest possible check are to work for 35 years, to delay the retirement age and to have a high salary as a worker.

The largest Social Security check in 2022 for retirees by age is $4,194. Achieving this check is not impossible, so all retirees can try to do so by maximizing the aforementioned items.

Tags: moneypaymentretirementSocial Security
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