The Social Security Administration (SSA) has announced two more payment dates for retirees in November, providing clarity on who will receive benefits and when. These payments, which can reach up to $4,873 for those meeting specific requirements, are distributed to retirees and eligible recipients, including those on disability insurance (SSDI).
Here’s a detailed breakdown of the November payment schedule and the maximum benefits available.
November Payment Dates
Social Security payments are scheduled on the second, third, and fourth Wednesdays of each month. For November 2024, the remaining payment dates are:
- November 20: For retirees with birth dates from the 11th to the 20th of any month.
- November 27: For retirees with birth dates from the 21st to the 31st of any month.
To qualify for these payments, you must have filed your claim, received SSA approval, and meet the eligibility criteria. However, if you began receiving benefits before May 1997 or receive Supplemental Security Income (SSI), your payment dates may differ.
Who Receives Payments
- Birth dates: Between the 11th and 20th of any month.
- Status: Approved Social Security retirement or disability benefits (SSDI).
- Exclusions: Not receiving SSI and benefits must not have started before May 1997.
Eligibility
- Birth dates: Between the 21st and 31st of any month.
- Status: Approved Social Security retirement or SSDI benefits.
- Exclusions: Same as above.
It’s worth noting that SSDI recipients are also included in these payments, though their amounts may be lower than those of retirees.
Social Security Payments
The amount you receive from Social Security depends on your work history, earnings, and the age at which you filed for benefits. Here are the maximum payments based on filing age:
| Filing Age | Maximum Monthly Benefit |
|---|---|
| Age 62 | $2,710 |
| Full Retirement Age (FRA) | $3,822 |
| Age 70 | $4,873 |
How to Qualify
To receive the highest possible benefit of $4,873 at age 70, you must:
- Work for 35 Years: Your highest-earning 35 years determine your benefit.
- Reach the Contribution and Benefit Base: Earn the maximum taxable earnings for all 35 years.
- Pay Social Security Payroll Taxes: Ensure your jobs were covered by Social Security.
- Delay Filing Until Age 70: Delayed retirement credits increase your monthly benefits.
SSDI Payments
While SSDI payments are included in these dates, they are typically lower than retirement benefits. The exact amount varies depending on the recipient’s work history and eligibility.
Plan Ahead
If you’re expecting a Social Security payment on November 20 or 27, it’s helpful to know these dates to manage your budget. Payments are typically issued via direct deposit or mailed checks, ensuring recipients can access their benefits on time.
FAQs
Who gets paid on November 20?
Retirees or SSDI recipients born from the 11th to 20th of any month.
What’s the maximum Social Security benefit?
$4,873 for those who file at age 70 with 35 years of maximum earnings.
Can SSDI recipients receive payments on these dates?
Yes, SSDI payments are issued on the same schedule as retirees.
When will November’s last payment be issued?
The last November payment will be sent on November 27.
What determines my Social Security payment?
Your work history, earnings, and filing age determine your payment.
