The Social Security Administration (SSA) is preparing to release a new payment for eligible retirees this week. Millions of American seniors can expect their money on September 25, 2024, which will be the final Social Security payment of the month.
This article details eligibility criteria for the upcoming payment and offers a full breakdown of the October 2024 Social Security payment schedule.
September 25 Social Security Payment
The September 25 payment is aimed at retirees who qualify for Social Security benefits but did not receive their payments earlier in the month.
To receive this payment, it is important that you meet certain eligibility requirements:
Eligibility Criteria:
- Birthdate: You must have been born after the 20th of any month.
- No Supplemental Security Income (SSI): You are not receiving SSI payments.
- Benefit Start Date: You did not start receiving benefits before May 1997.
- Compliance: You must not have violated any Social Security rules and remain fully eligible for benefits.
If you qualify but haven’t received any payments yet this month, the September 25 payout will likely be yours. The amount varies, with the maximum payment being up to $4,873, although the average payment for retirees is closer to $1,920.
October Social Security Payment Schedule
For those looking ahead to October 2024, the Social Security Administration has a schedule in place to ensure payments are disbursed on time, depending on your circumstances and birthday.
Key October Payment Dates:
- October 1: Payment day for Supplemental Security Income (SSI) recipients.
- October 3: Payment date for retirees who either:
- Began receiving benefits before May 1997, or
- Are receiving both SSI and retirement benefits.
Additional Payment Dates (Based on Birthdays):
- October 9: If your birthday falls between the 1st and 10th of the month.
- October 16: If your birthday falls between the 11th and 20th of the month.
- October 23: If your birthday falls between the 21st and 31st of the month.
These dates apply to those who are not on SSI and did not start receiving Social Security before May 1997.
Checking Your Social Security Payment Status Online
Retirees can easily monitor their Social Security payment status through the SSA’s my Social Security account. If you don’t have an account yet, here’s how to get started:
Steps to Check Your Payment Status:
- Create an Account: Visit www.ssa.gov/myaccount and sign up. You’ll need to verify your identity using personal information.
- Sign In: Once your account is created, log in to view your upcoming and past payment dates. Payment timing depends on your birthdate and the type of benefit you receive.
- Manage Your Information: In your account, you can:
- Change your address and direct deposit information.
- Obtain a benefit verification letter.
- Request a replacement Social Security card.
- Check the status of an application or appeal.
If you encounter any issues with the my Social Security account, you can contact the SSA at 1-800-772-1213 or visit your local Social Security office for help.
The September 25, 2024, Social Security payment will be the last for the month and is crucial for those retirees who meet the outlined criteria.
Keep an eye on your payment schedule for October 2024 to ensure you know when your next benefit will arrive, and consider setting up a my Social Security account for easy access to all your Social Security details.
By staying informed, you can better plan your monthly budget and avoid any potential payment delays.
FAQs
When will the next Social Security payment be issued?
The next payment will be issued on September 25.
How much is the average Social Security payment?
The average Social Security payment is around $1,920.
What’s the highest amount retirees can receive?
Retirees can receive a maximum of $4,873.
When are October’s Social Security payment dates?
Payments are on October 3, 9, 16, and 23.
How can I check my Social Security payment status?
Sign in to your my Social Security account at www.ssa.gov/myaccount.