Social Security payment worth $1,920 to go out in less than 2 days, plus October schedule
According to Vibes.okdiario, A new payment for eligible retirees is on its way this week, as the Social Security Administration has confirmed the schedule for when millions of American seniors can expect to receive their payments in September and October.
Key Payment Date: September 25
September 25 will mark the next and final Social Security payment date for this month. It’s important to note that payments will only be sent to those who meet all eligibility requirements and have received approval. Supplemental Security Income (SSI) payments will follow the retirement checks and direct deposits.
Eligibility for the September 25 Payment
If you qualify for retirement benefits and have not yet received your check or direct deposit, this September 25 payment may be for you. Here are the eligibility requirements to check:
- You must have been born after the 20th of any month.
- You cannot be receiving Supplemental Security Income (SSI).
- You did not start receiving your first benefit before May 1997.
- You must not have violated any Social Security rules and should remain eligible.
Also Read: Next $943 Social Security payment: When will you receive it?
Payment Amounts for September 25
For those who qualify, the maximum payment amount on September 25 can reach up to $4,873. However, the actual amount most retirees receive is likely closer to the average payment of approximately $1,920.
October Payment Schedule for Social Security
If you have already received your Social Security payment for September, it’s crucial to pay attention to the upcoming paydays for October to help you manage your monthly budget.
- October 1, 2024: This date will be the payday for SSI recipients.
- October 3, 2024: Retirees who received benefits before May 1997 or who are also receiving SSI payments will receive their checks or direct deposits.
For retirees not on SSI and who did not start collecting payments before May 1997, Social Security payments will be distributed based on their birthdates:
- October 9: For those born from the 1st to the 10th of any month
- October 16: For those born from the 11th to the 20th
- October 23: For those born from the 21st to the 31st