People who are retired will soon start getting their November Social Security checks. The Agency has set up a payday for two days early, one day after Halloween.
This means that millions of retirees who are qualified will get a payment early from Social Security. Remember that people who have filed for and been approved for retirement benefits are the only ones who can get them.
Eligibility for Social Security in early November, right after Halloween
The next payment that the Administration plans to send out will be on November 1. Most of the time, seniors get their first check of the month on the third.
On the other hand, November 3 will not be a payday because it is a Sunday and banks and SSA offices are closed. So, people who are ready to retire will get their money before they expect it.
Also, these Americans who are retired and getting Social Security benefits won’t be the only ones getting paid on that date. Do you meet the requirements to get Supplemental Security Income?
SSI and Social Security will be issued on November 1, 2024
People who get Supplemental Security Income usually get it in their bank accounts on November 1. It won’t be different this month. That means that retirees who get their retirement payment on November 1 and also get SSI will get two checks on the same day.
How much do seniors get? People aged 62 and up can get an average of $1,921. People who get SSI can get checks worth about $697. The exact amount will rely on how much money you make, what resources you have, and your work history. Here are the highest amounts of money retirees can get on November 1:
- Those who filed at 62 can get up to $2,710
- Those who filed at Full Retirement Age can get up to $3,822
- Those who filed at 70 can get up to $4,873
Just so you know, the COLA raise will not be part of any of these payments. For people on SSI, it will be sent on December 31, 2024. For seniors and people on SSDI, it will be sent in January 2025.