Changes in the Social Security payment schedule for disability retirees have been made in the United States due to two holidays that will stunt the flow of benefits. In particular, these changes will affect Supplemental Security Income (SSI) and retiree group 4 beneficiaries whose payments will be brought forward as the national holidays occur.
The first change is to the month in which SSI payment normally is scheduled; it is changed from the 1st of each month to the 15th of each month. However, this time it will be moved forward ahead of its normal date, as December 1 is a public holiday. On the other hand, the 25th of December, which in 2024 is also a public holiday (Christmas). Payments for the group 4 beneficiaries will take place a week early, bringing them forward to Tuesday 24 December, otherwise the usual date.
Disability retirees in Groups 1, 2 and 3 will continue to receive benefits on their usual dates with no change, while SSI and Group 4 will see their dates of payment changed. To be clear about all the exact payment days for each group of retirees, let’s look at these.
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Payment Days for Disability Retirees in December 2024
The following are the corresponding payment dates for each group of disability retirees during December:
- SSI: You’re looking at Friday, November 29 (early payment, to accommodate the December 1 holiday).
- Group 1: Tuesday, December 3 (unchanged)
- Group 2: Wednesday 11 December (no change)
- Group 3: Wednesday 18 December (unchanged)
- Group 4: Tuesday 24 December (payment brought forward due to the holiday on 25 December)
They are in response to the need to adjust benefits payments to working days in order not to miss the date due to national holidays. This is how the U.S. government makes certain that disability retirees receive their money on time, including on holidays.
It’s also worth noting that individuals who are retired for other reasons also receive payment on this day. These days can be collected by those on either an age or disability pension. Another thing to also note is that the SSA will send the January 2025 SSI payment with COLA out on the 31st of December.
Maximum Disability payments in 2024
As of a maximum benefit in each month that disability retirees in the United States can receive through Social Security, the highest disability retirement payout in 2024 is $3,822. However, this amount applies only to someone who meets certain requirements, such as those who have had high average amounts of earnings for at least 35 years and who have postponed even applying for benefits until after full retirement age or even later.
How much each beneficiary receives, however, depends in part on factors including if the beneficiary has worked and at what age they began collecting benefits. In any case, the maximum amount provides a person a chance to guarantee higher financial stability, but it’s always suggested to readjust its balance monthly, for instance, when the payment changes.
For social security beneficiaries on disability, it is important to be aware and ready for whatever may be changing in the payment schedule. While these adjustments may be temporary, they affect one’s financial organization, especially during December due to holiday expenditures. If you know both the payment dates and the maximum amount available, you can predict your income and take more control of your finances, so you can maintain peace of mind and sanity all year long.
FAQs
Q. Why are disability payments delayed for retirees in December 2024?
A. Disability payments for retirees are delayed in December 2024 due to two national holidays: December 1 and December 25. The result of this is that the Supplemental Security Income (SSI) payment date shifts to November 29 and Group 4 beneficiaries will get their money a week earlier, on December 24.
Q. What are the new payment dates for disability retirees in December 2024?
A. The new payment dates for disability retirees in December 2024 are as follows: Friday, November 29 (early payment) / Group 1: Tuesday, December 3, (unchanged) / Group 2: Wednesday, December 11, (unchanged) / Group 3: Wednesday, December 18, (unchanged) / Group 4: Tuesday, December 24, (brought forward due to holiday on December 25).
Q. What is the maximum disability payment I can receive in 2024?
A. In 2024, the maximum disability payment is $3,822 a month, but that payment doesn’t apply to all; you’ll need to have a high average earnings history for at least 35 years and wait until after full retirement age to claim your disability benefits. The amounts paid may vary by actual earnings and the age at which benefits are claimed.