{"id":32815,"date":"2024-12-23T08:00:27","date_gmt":"2024-12-23T13:00:27","guid":{"rendered":"https:\/\/futbolete.com\/us\/?p=32815"},"modified":"2025-01-05T18:49:37","modified_gmt":"2025-01-05T23:49:37","slug":"social-security-increase-tomorrow-24-dec","status":"publish","type":"post","link":"https:\/\/futbolete.com\/us\/social-security-increase-tomorrow-24-dec\/","title":{"rendered":"Social Security increase tomorrow: Will your next payment be $1,927 or $1,976?"},"content":{"rendered":"

As of November 2024, the Social Security Administration<\/strong> announced that the average retirement benefit payment is about $1,925. Thanks to the 2025 COLA<\/strong> Fact Sheet<\/strong> Americans can learn that the payment for December will be about $1,927<\/strong> on average<\/strong>. For your information, the checks and direct deposits for retirees are not over in December.<\/p>\n

Some retirees will receive their last payment from Social Security on December 24<\/strong>, 2024. However, this average payment is lower than the one in January 2025. This is because the Agency will update and increase all retirement benefits from January 3 onward. Thanks to the 2025 COLA increase, all payments will go up by 2.5%.<\/p>\n

Who is eligible for Social Security on December 2024?<\/h2>\n

This payment will not just be for retirees<\/strong>. If you are on SSDI<\/strong> and you have not collected your Social Security check or direct deposit you may also be eligible. Of course, as long as you meet all the requirements<\/strong>.<\/p>\n

For example, the Social Security Administration will ensure that you:<\/p>\n

    \n
  • not receive Supplemental Security Income payments simultaneously<\/li>\n
  • began collecting retirement or SSDI payments after April 30, 1997<\/li>\n
  • were born from the 21st to the 31st<\/strong> (it does not matter the month)<\/li>\n<\/ul>\n

    As for the amount, it will depend on your background. SSA will take into account your filing age, years of work, amount of taxes paid, and so on.<\/p>\n

    Will your next payment be $1,927 or $1,976?<\/h2>\n

    If recipients have not received their payment in December yet, they will get about $1,927 on average<\/strong>. Needless to say your payment amount could be either much lower or much higher.<\/p>\n

    It basically means that your next payment will be in 2024 and it will not include the 2025 COLA increase<\/strong>. If you have collected your Social Security check in December, then, you will get a new check on:<\/p>\n

      \n
    • January 3: on SSI too or got benefits before May 1997<\/li>\n
    • January 8: born from 1-10<\/li>\n
    • January 15: born 11-20<\/li>\n
    • January 22: 21-31<\/li>\n<\/ul>\n

      Social Security payments will be almost $50 higher<\/strong> on average claimed SSA. That is why the average payment will move from $1,927 to $1,976 after the COLA boost in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

      As of November 2024, the Social Security Administration announced that the average retirement benefit payment is about $1,925. Thanks to the 2025 COLA Fact Sheet Americans can learn that the payment for December will be about $1,927 on average. For your information, the checks and direct deposits for retirees are not over in December. Some […]<\/p>\n","protected":false},"author":1,"featured_media":32813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"Social Security's paydays unveiled: Retirement benefit payments may soon be in your bank account if you requested direct deposit","format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"hide","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_date":"1","post_date_format":"custom","post_date_format_custom":"d\/m\/Y H:i","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"footnotes":""},"categories":[1],"tags":[51,41,37],"class_list":["post-32815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-payment","tag-retirement","tag-social-security"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/32815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/comments?post=32815"}],"version-history":[{"count":0,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/32815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media\/32813"}],"wp:attachment":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media?parent=32815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/categories?post=32815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/tags?post=32815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}