Table of Contents
Introduction
As we approach the year 2024, it’s important to stay informed on the upcoming Social Security benefit calendar. Whether you’re currently receiving benefits or planning for retirement, the Social Security Administration (SSA) calendar can help you stay on top of important dates and deadlines.
What is the Social Security Benefit Calendar?
The Social Security benefit calendar is a schedule of important dates and deadlines for Social Security beneficiaries. It includes the dates when benefit payments are made, as well as the deadlines for submitting important paperwork and making changes to your benefits.
Question:
What kind of information can I find on the Social Security benefit calendar?
Answer:
The Social Security benefit calendar includes information on when benefit payments are made, as well as important deadlines for submitting paperwork and making changes to your benefits.
Important Dates in 2024
Here are some important dates to keep in mind for Social Security benefits in 2024:
- January 3: First Social Security benefit payment of the year
- April 1: Deadline for filing taxes
- April 15: Deadline for filing for an extension on taxes
- April 22: Deadline for submitting paperwork for Social Security retirement benefits
- June 21: Summer solstice
- September 23: Autumnal equinox
- October 7: Deadline for submitting paperwork for Social Security disability benefits
- November 28: Thanksgiving Day
- December 25: Christmas Day
- December 31: Deadline for making changes to your Social Security benefits for the next year
Question:
What happens if I miss a deadline on the Social Security benefit calendar?
Answer:
If you miss a deadline on the Social Security benefit calendar, you may not receive your benefits on time or may miss out on certain benefits altogether. It’s important to stay on top of important dates and deadlines.
Changes to Social Security Benefits in 2024
There are a few changes to Social Security benefits that will take effect in 2024:
- Cost of living adjustment (COLA): The COLA for 2024 is expected to be around 2.4%, which is higher than the 1.3% increase in 2021.
- Maximum taxable earnings: The maximum taxable earnings for Social Security will increase to $154,800 in 2024, up from $142,800 in 2021.
- Full retirement age: The full retirement age will increase to 67 for individuals born in 1960 or later.
Question:
What is the cost of living adjustment (COLA) for 2024?
Answer:
The COLA for 2024 is expected to be around 2.4%, which is higher than the 1.3% increase in 2021.
Conclusion
The Social Security benefit calendar is an important tool for staying on top of important dates and deadlines for Social Security benefits. By staying informed on the calendar, you can ensure that you receive your benefits on time and don’t miss out on any important opportunities.