Some disabled people will get a Social Security Disability Insurance payment of up to $3,822 in late December. SSDI checks are often much lower on average, but if you earn a lot of money, you may be eligible for one of these monthly payouts. In fact, some people are unable to get it because their condition prevents them from working and completing SSA eligibility requirements.
The United States Government, through the Social Security Administration‘s payment schedule, has stated that the final SSDI payment will be paid on December 24, rather than December 25.
Why will Social Security not send the last SSDI payment on December 25?
The Agency never schedules disability or retirement payments on federal holidays. Because SSA offices and banks will be closed, it is better to send this money in advance.
In this approach, the Social Security Administration can ensure that all funds are distributed without delay. Keep in mind that many disabled people rely on this money to get by.
As a result, the Social Security Administration must send out checks and direct payments on schedule. There cannot be any delays. As a result, the final disability payment of up to $3,822 will be deposited into beneficiaries’ accounts on December 24, 2024. The COLA increase for 2025 will have to be sent in January.
What are the requirements to get $3,822 from SSDI on December 24?
Social Security will only send the largest disability benefits to those American workers who:
- Have filed for disability benefits
- Have gotten approval from SSA
- Have worked for 35 years
- Have had jobs covered by SSA
- Have earned enough work credits
- Have earned the contribution and benefit base for 35 years
- Has applied at the right age
Keep in mind that working for fewer than 35 years, not earning the taxable maximum, or submitting early might significantly reduce your monthly SSDI benefit. However, if you have a disability, you cannot pick. Check the SSA’s payment schedule here to notice the change: https://www.ssa.gov/pubs/EN-05-10031-2024.pdf
Also See:- New IRS Announcement on Contributions to 401(k) Plans – Millions of Americans Affected