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Social Security Disability Insurance (SSDI) is a federal program that provides financial assistance to individuals who are unable to work due to a qualifying disability and works on a monthly basis, so here is who will be paid for December 18.
istered by the Social Security istration, SSDI benefits are based on an individual's work history and the Social Security taxes they paid through the Federal Insurance Contributions Act (FICA).
The Act sees employees, employers, and self-employed individuals contribute a portion of their income to the Social Security Trust Fund, which finances the retirement and disability benefits used by approximately 8.3 million people, including disabled workers, spouses and children.
Who will be paid on Wednesday, December 18?
SSDI payments are distributed monthly and are based on a beneficiary's average lifetime earnings before their disability began by using a formula applied to the worker's covered earnings, which are adjusted for inflation.
They are then distributed on a staggered scheduled based on the beneficiary's date of birth through three separate pay dates between the first and 31st of each respective month of the year.
If a person was born between the 1st-10th of any month, they will paid on the second Wednesday of the month. That was on December 11.
Those born between the 11th-20th of any month will be paid on the third Wednesday of the month, which is the December 18.
And finally, those born between the 21st-31st of each month would usually be paid on the fourth Wednesday of the month, but because this is Christmas Day it has been moved forwards to Tuesday, December 24.
Those who claimed Social Security benefits before 1997 or who also live outside the United States, receive both SSI and Social Security benefits, or who has the state pay Medicare s, should have been paid on December 3.
If you have not, consult with the Social Security istration immediately to find out what has happened.