Social Security Christmas Payments Could Reach $4,000

The Social Security Administration sends monthly payments to nearly 73 million people, mostly retired workers and their families. For retirees who retire between the ages of 62 and 70, receiving a check in time for Christmas can be a big help with holiday expenses.

This month’s payment for December 2024 will arrive on Christmas Eve or Christmas Day, depending on the recipient’s payment schedule. Those who retire at full retirement age in 2024 will receive $3,822, while those who retire at 62 will get $2,710. Retirees who turn 70 this year can expect to receive up to $4,873.

If you’re one of these recipients, receiving your Social Security check earlier than usual might give you some extra time to shop and wrap gifts before Christmas morning.

Source: https://en.as.com/latest_news/up-to-4000-in-social-security-christmas-payments-check-who-is-entitled-to-receive-it-n-2