The Social Security Administration will sometimes schedule two monthly payments on the same day. This happens usually when the normal payday comes on a weekend or on a federal holiday.
Direct payment for retirees can’t occur on Sunday, November 3, so it will come out on November 1, the usual date for the Supplemental Security Income (SSI) recipient payment.
SSI and Social Security on November 3
There are 3 different groups of recipients who will take advantage of the November 1 payment:
- Those who can qualify to receive SSI.
- If you are also getting SSI and are receiving retirement or SSDI
- People that started collecting payments before May 1997, whether that be retirees or SSDI recipients
There will be 3 more paydays if you do not qualify for the payment date of November 1. Let’s say you started taking direct deposits or checks after April 30, 1997 and your birthday is from 1 to 10. Your payment will come on November 13. If born Nov. 11-20, yours was Nov. 20. If from 21-31 Nov. yours was Nov. 27.
Also Read: November SSI Payment Countdown: Check COLA Schedule
Will SSI and Social Security recipients get the same payment amounts?
It is not likely to receive the same payment because SSI is a supplement and it’s for low-income recipients. For example, $698 is the average SSI payment to all recipients.
As of August 2024, retirees are entitled to receive an average of $1,920 in payment. But SSDI recipients can only make about that average of $1,539. As a result, on November 1, 2024, retirees will receive the biggest payments.
Also Read: Major Social Security Changes Coming in 2025: What You Need to Know
A typical amount of about $575 can be received by SSI recipients aged 65 or older. When you’re between 18 and 64, the average supplemental security income recipient of about $744 can get some supplemental income. Thus, age is significant when it comes to payment for two reasons, which include an age when the person is receiving retirement benefits and not.
The under-18 group will receive the largest supplemental average Supplemental Security Income. You can make about $820 on that average. But for those who waited until 70 to file for retirement, the largest payment will be direct payments up to $4,873.
FAQs
Q. What are the direct payments scheduled for November?
A. Since November 3 on a Sunday, direct payments to some Social Security recipients and Supplemental Security Income (SSI) recipients are scheduled to take place November 1, 2024.
Q. Why are two payments scheduled on the same day?
A. Sometimes, the Social Security Administration pays two payments the same day if the regular payment date is on a weekend or federal holiday.
Q. Who is eligible to receive the payment on November 1?
A. Three groups of recipients eligible for the November 1 payment include:
– Those with SSI.
– SSI and Social Security retirement or SSDI
– Collecting payments before May 1997 recipients.
Q. What if I do not qualify for the November1 payment?
A. If you started receiving benefits after April 30, 1997, your payment schedule depends on your birthday:
– If you were born from November 1–10, you’ll pay up November 13.
– Your payment will be on November 20 if your birthday is between November 11 and November 20.
– Payment will be made November 27 if your birthday is from November 21–31.
Q. What is the average payment amount for different age groups receiving SSI?
A. Those above age 65 can receive about $575.
– On average, you can get an average of $744 if you live in that same age group.
– On average, these recipients receive about $820.
Q. How does my age affect my payment amounts?
A. Age influences payment amounts for two main reasons: retirement benefits eligibility and differences in SSI rates by age groups.