As September comes to a close, the Social Security Administration (SSA) is getting ready to send out more checks in October. People born between the 21st and 31st of any given month who are eligible for retirement, survivors, and disability insurance (RSDI) and who claimed benefits after May 1997 will be among the last to get a monthly check before October starts.
Don’t forget that the 3.2% raise from the cost of living adjustment (COLA) is already built into these monthly benefits. These will be changed soon for 2025. Find out more about the new funds that people will get in October here.
Social Security payments will come with 1 new payment date compared to September
The Social Security Administration (SSA) manages four programs: retirement, survivor, disability insurance, and Supplemental Security Income (SSI). To make sure that the more than 70 million people who get payments every month can keep track of all the due dates for all four programs, the SSA created an annual payment schedule.
In this case, there will be one more payment next month than in September, which means that the Social Security payment plan will be slightly different.
Because September 1st was a weekend, no one who gets SSI got their regular payment that month. That’s why this new payment is being made. Because of this, the federal office moved the payment to August 30th.
This won’t happen in October, though, because the first day of the month is a Tuesday. So, people who get SSI will get their usual benefits on that day, no matter when they applied for benefits or when they were born.
American retirees, survivors, and disabled people who asked for benefits before May 1997 will get their next regular checks on Thursday, October 3rd, after this payment date.
Lastly, the federal office added three more mailing dates for people who got benefits through the RSDI program after May 1997. In order to pay these monthly payments, the SSA will look at the following conditions:
- On October 9, for those who were born between the 1st and the 10th
- On October 16, for those who were born between the 1st and the 10th
- On October 23, for those who were born between the 1st and the 10th
Don’t forget that you can always check your My Social Security Account to learn more about your regular payments. You might also be able to get more information about your financial records and other tasks that have to do with Social Security.
:max_bytes(150000):strip_icc()/GettyImages-144560286-577404875f9b5858752b6d6d-1a80d8ccaca4477c86b8b840a36f8868.jpg)
How much money will Social Security deliver to all beneficiaries in October?
As of right now, the SSA says that people who get Supplemental Security Income (SSI) or retirement, survivors, and disability insurance (RSDI) will get the following amounts in payments:
| Social Security payments | Retirement benefits | Survivors benefits | Disability benefits | SSI benefits |
| On average | $1,900 | $1,505 | $1,537 | $698 |
| Other payments | Age 62: $2,710
Age 67: $3,822 Age 70: $4,873 |
Individual: $1,773
2 Children: $3,653 |
Blind recipients: $2,590
Maximum payment: $3,822 |
Individuals: $943
Couples: $1,415 Essential person: $472 |
Beneficiaries should know that the Social Security Administration figures out different payment amounts for each claimant based on their own unique situation.
They will also look at a number of other things, such as the beneficiary’s full retirement age (FRA), work experience and credits earned, and the amount of Social Security taxes paid over the last 35 years or at least 10 years for the retirement benefit program.
For Supplemental Security Income (SSI), they will also look at your monthly income and resources. For Social Security injury Insurance (SSDI), they will look at the type of injury and your Social Security taxes.
Finally, remember that the Social Security Administration (SSA) has strict rules that you must follow in order to get the most money from your benefits.
So, you should talk to a financial advisor or Social Security expert about your position so that you have a better chance of getting the $4,873 and $3,822 checks from the retirement and SSDI programs, respectively.
Also See:- New Social Security benefits will be issued as of this day. An anticipated 28% rise