Social Security No Payments In The First Week Of November: Know Reason & More Details

In November 2024, the Social Security Administration (SSA) will not issue payments during the week of November 5, which coincides with the presidential general election.

However, the reason for this pause has nothing to do with the election. Instead, it is due to how the payment schedule aligns with the calendar.

Why There Are No Payments on November 5

The SSA normally issues payments on the 3rd of each month, but since November 3, 2024, falls on a Sunday, the agency cannot process payments on a non-business day. As a result, payments that would typically be made on November 3 will be issued on November 1, 2024, instead.

This means that the week of November 5 will see no payments from Social Security, as the SSA prefers to avoid issuing checks on weekends or during holiday weeks whenever possible.

What to Expect for November Payments

• November 1, 2024: On this date, Social Security retirement payments, disability payments, and Supplemental Security Income (SSI) will all be issued.
  • SSI recipients: Normally receive payments on the 1st of each month, which will stay the same for November. The maximum SSI payment for individuals in November will be $943, with eligible married couples receiving up to $1,450. The average SSI check is approximately $698.
  • Retirement and SSDI recipients: Those who would have received their SSDI or retirement benefits on November 3 will also receive their payment on November 1.

Social Security Payment Schedule for Retirees

Here’s how the payments will work for retirees based on when they filed for benefits:

• November 1, 2024: Payment for those who would normally receive a November 3 check.
• COLA Increase: There is no cost-of-living adjustment (COLA) applied to these payments. The 2.5% COLA for 2025 will not be included in any November payments. SSI recipients will receive their COLA-adjusted payment on December 31, 2024, while retirees will see the COLA increase in their January 2025 payments.

Will You Get Two Payments on November 1?

For some beneficiaries, the payment on November 1 could result in two direct deposits or checks arriving on the same day. This situation will occur for those who qualify for both SSI and SSDI (or Social Security retirement).

These individuals will receive their SSI payment and their Social Security payment simultaneously, providing a financial boost just ahead of the normal payday.

Average Payment Amounts in November

The average monthly check for Social Security recipients in November is approximately $1,920, but this amount can vary significantly based on:

• Filing age: Those who file at age 62 often receive lower payments due to early retirement.
• Work history: Beneficiaries with fewer years of work or lower lifetime earnings may receive smaller checks.
• Tax contributions: Lower Social Security tax contributions during their working years can also reduce the monthly payment.

Although there will be no payments during the week of November 5, 2024, the SSA has rescheduled payments to ensure that eligible beneficiaries receive their funds on November 1.

This includes SSI recipients and those on retirement or disability benefits, which means some people will see two payments on the same day.

Keep in mind, the 2025 COLA increase will not be reflected in these payments, with the boost taking effect later, starting December 31, 2024, for SSI and January 2025 for retirees.

FAQs