In November 2024, Social Security beneficiaries are set to receive payments averaging $1,900. Understanding the payment schedule and eligibility criteria is crucial to ensure you receive your benefits promptly.
Social Security Payment Schedule for November 2024
The Social Security Administration (SSA) distributes payments based on beneficiaries’ birth dates:
- November 1: Recipients who began receiving benefits before May 1997 or those receiving both Social Security and Supplemental Security Income (SSI).
- November 13: Beneficiaries with birthdays between the 1st and 10th of any month.
- November 20: Beneficiaries with birthdays between the 11th and 20th.
- November 27: Beneficiaries with birthdays between the 21st and 31st.
It’s essential to note that SSI recipients will receive two payments in November: one on November 1 and another on November 29, as December 1 falls on a Sunday.
Eligibility for the $1,900 Social Security Check
The average Social Security retirement benefit is approximately $1,900 per month. Your actual benefit amount depends on factors such as your earnings history, the age at which you began receiving benefits, and your work record. To qualify for Social Security retirement benefits, you must have earned at least 40 credits, typically equating to 10 years of work.
Cost-of-Living Adjustment (COLA) for 2025
The SSA has announced a 2.5% Cost-of-Living Adjustment (COLA) for 2025, which will increase benefits starting in January. This adjustment aims to help beneficiaries keep pace with inflation.
| Birth Date Range | Payment Date |
|---|---|
| Before May 1997 | November 1 |
| 1st – 10th | November 13 |
| 11th – 20th | November 20 |
| 21st – 31st | November 27 |
When will I receive my Social Security payment in November 2024?
Your payment date depends on your birth date:
- 1st – 10th: November 13
- 11th – 20th: November 20
- 21st – 31st: November 27
If you started receiving benefits before May 1997, your payment date is November 1.
Why are SSI recipients receiving two payments in November?
SSI payments are typically issued on the first of the month. However, when the first falls on a weekend or holiday, the payment is made on the last business day of the previous month. Since December 1, 2024, is a Sunday, the SSA will issue the December SSI payment on November 29.
How is the $1,900 average benefit calculated?
The SSA calculates the average benefit based on the earnings records of all beneficiaries. Individual benefits may be higher or lower than this average, depending on your specific earnings history and the age at which you began receiving benefits.
What is the COLA increase for 2025?
The SSA has announced a 2.5% Cost-of-Living Adjustment (COLA) for 2025, which will increase benefits starting in January. This adjustment aims to help beneficiaries keep pace with inflation.
How can I ensure I receive my payment on time?
To ensure timely receipt of your Social Security payment, enroll in direct deposit through your bank or the SSA’s Direct Express® card program. This method is secure and ensures prompt delivery of your benefits.