The Social Security Administration is a federal agency that handles monthly Social Security payments for millions of Americans who are retired, widowed, disabled, or low-income seniors who qualify for different programs.
People who are eligible to receive Retirement, Survivors, and Disability Insurance (RSDI) payments will get the biggest Social Security payment of $4,873 on Christmas Day.
But there are other payout amounts that can be given based on the circumstances of each beneficiary and their full retirement age.
It is important to remember that the 3.2% cost of living adjustment that was made on October 10th is already part of these Social Security benefits. People who get benefits will not get the new 2.5% increase until January 2025.
Many families worry about their financial security when their main source of income disappears all of a sudden. The Retirement, Survivors, and Disability Insurance (RSDI) program, which is run by the government, gives money to people and families who qualify.
If you retire and get hurt and can not go back to work, RSDI benefits may help you make up for the money you lost. If a family member was getting money or benefits because of an impairment, they may also be able to get RSDI benefits after they die.
Beneficiaries will receive a new Social Security check worth up to $4,873 on December 24th
The Social Security Administration (SSA) says that retired workers born between May 11 and May 20 and whose first monthly payment was after May 1997 will get an extra deposit today.
The Social Security Administration sends millions of payments every year, so they use a method called “staggered payment,” which is based on the beneficiary’s birthdate. For example, retirees will get their money on the following days this month:
- December 11th (2nd Wednesday). On this day, retired Americans whose birthdates fall between the 1st and the 10th typically receive their monthly payments from the Social Security Administration.
- October 18th (3rd Wednesday). On this day, retired Americans whose birthdates fall between the 11th and the 20th typically receive their monthly payments from the Social Security Administration.
- October 24th (4th Tuesday). On this day, retired Americans whose birthdates fall between the 21st and the 31st typically receive their monthly payments from the Social Security Administration.
Also, beneficiaries get different amounts depending on the program they are eligible for, which is based on a number of factors.
A retired worker’s monthly payment, for example, will depend on his or her full retirement age (FRA), work history, and contributions to the system over the last 35 years.
Survivors also get different amounts of money depending on how many children they have or if they are single. According to the SSA’s payment guidelines, the following are the monthly benefits that retired workers and survivors will be able to get in 2024:
| Federal government programs | Retirement benefits | Survivors benefits | Disability benefits |
| On average | $1,900 | $1,505 | $1,537 |
| Other payments | Age 62: $2,710 Advertisement
Age 67: $3,822 Age 70: $4,873 |
Individual: $1,773 Advertisement
2 Children: $3,653 |
Blind recipients: $2,590
Maximum payment: $3,822 |
Do not call the SSA’s customer service for at least three mailing days after the due date if your monthly checks have not arrived.
Also, to find out more about your payment amounts, please go to your My Social Security Account. This is where you can find more information about Social Security.
What are the types of disability benefits that the Social Security Administration oversees?
There are some big differences between Supplemental Security Income and Social Security Disability Insurance. Both programs are run by the Social Security Administration and help millions of disabled, elderly, and sometimes young people.
Disability and work history are the main things that set SSDI apart from SSI. SSI is based on age, disability, low income, and resources.
Additionally, people who get SSI can immediately get Medicaid health insurance in most places. People who get SSDI will automatically be able to get Medicare after 24 months of getting disability benefits.
