People who are retired are looking forward to their next Social Security payment because more and more people depend on it. You won’t get the next payment, though, unless you’re eligible.
Because Social Security has strict rules, only people who are eligible can get this money every month. For seniors, the next payment in September will be sent to their bank accounts on September 18.
Were you born before the 21st and after the 10th to get Social Security?
The government can only give money to people who are eligible and can answer “yes” to the last question. People born between September 11 and September 20 will get their monthly payment on September 18, 2024.
Of course, if you get Supplemental Security Income in addition to your retirement benefits, you can get the payment on October 3, but not the one on September 18.
People over 65 who started getting Social Security before May 1997 will also not get the payment on September 18. In terms of numbers, retirees can get around $1,920 a month.
- Retirement benefit payment on September 18 (born 11-20)
- Retirement benefit payment on September 25 (born 21-31)
- Retirement benefit payment on October 3 (on benefits for over 27 years or on SSI too)
Social Security after Sep. 18 for retirees
Remember that if your birthday is after September 20, 2024, your retirement payment is due. In fact, this is the last paycheck in September.
Some retirees might get bigger checks. In 2024, if you filed when you were 62, you could get up to $2,710. If you file your taxes when you reach full retirement age, you can get a monthly payment of $3,822.
You could get up to $4,873 if you worked for 35 years and made a lot of money in jobs that paid into Social Security. This is the biggest payment that can be made before the January 2025 COLA raise. People who get SNAP will get the COLA in October, but people who get SSI or are retired will not.
Also See:- How much Food Stamp payouts in the US go up every year through SNAP