The Social Security Administration will deliver the next payment of $4,873 on November 13, 2024. Only a few Americans will receive benefits since few workers match all of the eligibility requirements established by the Administration. As a result, you can tell it is an extremely difficult assignment. Furthermore, depending on your birth date, it may arrive on or after November 13.
If you want to discover if you can receive a Social Security payout on November 13, you only need to verify a few items. Of course, if you received any of the payments on November 1, 2024, you are ineligible for the payments on November 13, 20, and 27.
$4,873 paydays and eligibility for Social Security checks
If you were born before the eleventh of any month, you will get the following set of payments of up to $4,873 by cheques or direct deposits on November 13. Of course, you:
- Cannot be a recipient of Supplemental Security Income
- Cannot have received Social Security before May 1997 and
- Must stick to SSA rules once you file and get approval
If you match the same qualifications as before but were born between the 11th and the 20th, your next payment will be issued on November 20, 2024. Many additional retirees will receive a dividend on November 27, 2024, if their birthdate falls between 21 and 31.
$4,873 eligibility for such a large Social Security amount
Workers who have worked for 35 years and filed at the age of 70 will need to complete two additional requirements to get up to $4,873 in 2024. The two prerequisites are 35 years of earnings equal to or greater than the taxable maximum and SSA-covered work.
If you meet the majority of these standards but file at 62 in 2024, you can only receive up to $2,710. Nonetheless, you will receive a significant discount because you are not benefiting from any delayed credits.
Filing at full retirement age in 2024 can result in a payment of up to $3,822. These will be the highest amounts through December 2024. However, according to the SSA, the 2025 COLA hike will push them much higher.