Millions of retirees are waiting for their new monthly Social Security payments, which draw near.
In 2024, the first round of Social Security payments up to $4,873 will be mailed out on November 1. However, if you got benefits after April 30, 1997, and you aren’t also an SSI recipient while working on retirement benefits, you won’t qualify for the November 1 payment.
If you started receiving payments on or after April 30, 1997, you may be eligible for just one of the payments beginning November 13. When you can get your money from Social Security will depend on your birthday.
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Social Security payment dates: Nov. 13, 20 or 27
For those who are in retirement but not to receive a direct deposit or check Nov. 1, the last 3 Social Security paydays will be. If you were born before the 11th in any year or month, then you will get paid on November 13.
If your birthday is after the 10th but shorter than the 21st, your payment date will be November 20, 2024. Wednesday payments for Social Security recipients will be made on the 27th, the third round of payments.
To receive money from the agency on the 27th, those retirees would have had to be born from the 21st through the 31st. None of these payments will include the normal 2025 COLA increase. In January 2025, it will increase payment by about 2.5%.
Eligibility for a Social Security check worth $4,873
Less than $4,800 can be paid to a few Social Security workers. It’s only for those who have been high earners for more than 35 years. Here is a full list to check if you could receive $4,873 in November:
- By age 70, he had applied for Social Security.
- had worked for between 35 and 39 years at the time of filing for retirement benefits.
- Jobs that paid payroll taxes to the agency.
- You reached the taxable maximum for at least 35 years.
- They did not break any SSA rules and thus remain eligible.
Retirement benefit payments will be about just over $1,000 on average. In 2024, this payment amount will be an extremely likely amount vs. the largest check possible, $5,108 in 2025.
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FAQs
Q. When will the first Social Security payments be issued in November 2024?
A. Social Security payments for the November 2024 first round were mailed on the 1st of November, 2024.
Q. Who is eligible for the November 1 Social Security payment?
A. To be eligible to receive the November 1 payment, you must have been receiving benefits before April 30, 1997, be not receiving SSI while working on retired benefits, and have not been claimed free for a year beginning between May 1 and November 1.
Q. If I started receiving Social Security payments after April 30, 1997, when will I get my payment?
A. If you began to get paid after April 30, 1997, your payment date will be determined by the birthday, and you will receive payments on November 13, 20, or 27, 2024.
Q. How are Social Security payment dates determined in November 2024?
A. Your birthday determines payment dates in November 2024. If you were born before the 11th, you’ll be paid November 13; birthdays from the 11th to the 20th will be paid November 20; and birthdays from the 21st to the 31st will be paid November 27.
Q. What is the maximum Social Security payment I can receive in November 2024?
A. In November, the highest Social Security payment available will be $4,873—but you can only get it if you’ve been working for over 35 years and are a high earner.