Social Security payments before Black Friday comes: checks of up to $4,873
According to Vibes.okdiario, Social Security payments have already been disbursed for October for millions of retirees, with checks issued on October 3 and October 9. As we approach Black Friday on November 29, 2024, it’s essential to consider how these payments can help manage holiday expenses.
Planning Ahead for Holiday Shopping
With rising prices and inflation, budgeting for gifts or personal treats can be challenging. For retirees and Social Security Disability Insurance (SSDI) recipients, the upcoming Social Security payments can be crucial for making purchases on this significant shopping day.
November 2024 Social Security Payments Before Black Friday
The Social Security Administration has scheduled several key payment dates for November. Specifically:
- November 1: Social Security payments will be issued to those who began collecting benefits before May 1997, and to recipients of Supplemental Security Income (SSI) who also receive Social Security benefits. This payment is adjusted to avoid the weekend and will be made on the first of the month.
- November 13, 20, and 27: Additional payments will be made for retirees and SSDI recipients based on their birth dates. Individuals with birthdays falling between:
Also read: 2024 SSI Payment Increase: $744 for 18-64-Year-Olds This October
- 1-10 will receive their payment on November 13,
- 11-20 on November 20,
- 21-31 on November 27.
SSI Payments and Black Friday
Interestingly, many SSI recipients will receive their monthly payment on Black Friday itself. However, this payment will be for December, sent in advance due to December 1 falling on a Sunday. The average SSI payment is around $1,920 for retirees, with some high earners receiving as much as $4,873.
Conclusion
As Black Friday approaches, it’s essential for retirees and SSDI recipients to be aware of their Social Security payment schedule. These funds can make a significant difference in holiday shopping, helping to ease the financial burden during a time of rising costs.
