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Introduction
As we move into the year 2024, it’s important to stay up-to-date with changes to the Social Security calendar. Whether you’re a retiree, a disabled individual, or a family member of someone receiving benefits, understanding the Social Security calendar can help you plan your finances and avoid any potential issues. In this article, we’ll go over everything you need to know about the Social Security calendar for 2024.
What is the Social Security Calendar?
The Social Security calendar is a schedule of dates that are important for both beneficiaries and the Social Security Administration (SSA). It includes payment dates, enrollment periods, and other important deadlines. By following the Social Security calendar, beneficiaries can ensure they receive their benefits on time, and the SSA can stay on track with administrative tasks.
When are Social Security Payments in 2024?
For 2024, Social Security payments will be made on the following dates:
- January 3, 2024
- February 7, 2024
- March 6, 2024
- April 3, 2024
- May 1, 2024
- June 5, 2024
- July 3, 2024
- August 7, 2024
- September 4, 2024
- October 2, 2024
- November 6, 2024
- December 4, 2024
Are There Any Changes to Social Security Benefits in 2024?
Yes, there are a few changes to Social Security benefits in 2024. The cost-of-living adjustment (COLA) for 2024 is expected to be 2.5%, which means that beneficiaries will receive a slightly higher monthly benefit. Additionally, the maximum taxable earnings for Social Security will increase from $147,000 to $155,000.
When Can I Enroll in Social Security?
If you’re not already receiving Social Security benefits, you can enroll during specific enrollment periods. The enrollment periods for 2024 are:
- General Enrollment Period: January 1, 2024 to March 31, 2024
- Special Enrollment Period for Disabled Individuals: Anytime
- Special Enrollment Period for Retirees: Anytime after age 62
What Happens if I Miss a Deadline?
If you miss a deadline for enrolling in Social Security or submitting required documentation, you may experience a delay in receiving your benefits. In some cases, you may be able to request a waiver or extension, but it’s best to avoid missing deadlines whenever possible.
Will There Be Social Security Office Closures in 2024?
As of now, there are no planned office closures for the Social Security Administration in 2024. However, it’s always a good idea to check with your local office for any updates or changes to their hours or services.
What Should I Do if I Have Questions About Social Security?
If you have questions about Social Security, you can visit your local Social Security office, call the SSA’s toll-free number at 1-800-772-1213, or visit the SSA’s website at www.ssa.gov. You can also speak with a financial advisor or accountant for more personalized advice.
Conclusion
Understanding the Social Security calendar is an important part of managing your finances and ensuring you receive the benefits you’re entitled to. By following the payment dates, enrollment periods, and other important deadlines, you can avoid any potential issues and enjoy a more secure financial future. If you have any questions or concerns about Social Security, don’t hesitate to reach out to the SSA or a trusted financial advisor.