Will Social Security Payments Be Deferred Because of Christmas? – Community News
Social Security

Will Social Security Payments Be Deferred Because of Christmas?

Senior woman receiving the mail

MonicaNinker / iStock.com

This year, Christmas falls on a weekend, meaning Monday, December 27, will be a federal holiday. Federal benefits are not paid on federal holidays.

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For payment dates that fall on weekends or holidays, payment will be made immediately before the weekday. However, Social Security benefits are unlikely to be affected by Christmas this year, as Social Security is usually paid on Wednesdays.

The schedule of Social Security payments for December is as follows:

  • Wednesday 8 December for those with birth dates on the 1st to the 10th of the month
  • Wednesday 15 December for those with birth dates on the 11th to the 20th of the month
  • Wednesday December 22 for those with a birth date on the 21st to the 31st of the month

One area of ​​Social Security that is affected is Social Security Supplemental Income. These payments are usually made on the first of the month, as they were paid on December 1 for this month’s payment.

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January 1, 2022 is New Year’s Day and a federal holiday, but because it falls on a Saturday, the Social Security Administration will observe it on December 31. That means no payments will be sent on New Year’s Eve. The January payment will therefore be made the week before. Those receiving additional Social Security benefits can expect their first 2022 payment on December 30, 2021. If you are an SSI recipient, you will receive two payments in December: one on December 1 (for December) and one on December 30 (for January). Be sure to budget accordingly, as the next SSI payment you will receive will be February 1, 2022.

You can view the full Social Security and Social Security payment schedules here.

The Social Security Administration advises that if you receive payments by check and have not received your payment by the date mentioned above, you should wait three additional postal days before contacting Social Security.

In summary, normal Social Security checks are not affected by the Christmas/New Year holidays, but Social Security supplementary income benefits are.

About the author

Georgina Tzanetos is a former financial advisor who studied post-industrial capitalist structures at New York University. She has eight years of experience in concentrations in asset management, portfolio management, private client banking and investment research. Georgina has written for Investopedia and WallStreetMojo.