The first payment from the Social Security Administration to both retirees and people who get SSDI will be made in September. Keep in mind that this payment is only for people who have already filed and meet two standards.
Because of this, this monthly payment isn’t for all Americans, seniors, or people who get disability aid. In case you still don’t know, on September 3, 2024, only three types of people will be able to get a Social Security check.
September 3 payment eligibility for Social Security beneficiaries
In fact, people who started getting Social Security benefits before May 1997 will be the first to get them on September 3. Some people who got benefits after April 30, 1997, may be able to apply.
You can also be getting Supplemental Security Income benefits at the same time if you want to get benefits on September 3. In that case, September 3 will also be your payday if you get SSI and retirement payments at the same time.
People who are retired on September 3 can also get Social Security Disability Insurance. They are in the same position as the retirees who can get direct deposits or checks on September 3.
September 3 payment amount for Social Security beneficiaries
On September 1, some people may get money from the Administration for the first time. They might know how much money they are going to get, but they could compare it to what most seniors get.
As of July 2024, the average salary for retirement is $1,919 a month. You could get up to $2,710 from Social Security if you filed at age 62. If you file when you are fully retired, you can get a payment of up to $3,822.
You can get the most money from your retirement if you file at age 70 and meet all the standards. It will be $4,873. People who get SSDI can get up to $3,822, and the most they get is about $1,538.