It’s time to get ready for the next Social Security check now that retirees and SSDI recipients know how much their payments will go up. It will be sent in just a few days, in fact.
People who are retired or get disability insurance and whose birthdays are between October 11 and October 20 will get money from Social Security. On this day, you can’t be getting Supplemental Security Income (SSI), and you must have started getting this money after April 30, 1997.
Social Security payments after October 16
In the same way, on October 23, the Administration will send another payment to seniors and people who get SSDI. You must also have a birth date to make this payment. So, if you weren’t born on certain days, you won’t be able to join. Who can apply:
- Not receiving SSI benefits at the same time
- Did not start getting benefits before May 1997
- Have not broken any SSA’s rules
- Your birthday is from the 11th to the 20th
There will be no more checks this month after the October 23 Social Security payment. People who got money from Social Security on October 3 will get it again on November 1, 2024.
Social Security amounts for disability and retirement benefits
You could get a certain amount of money, which will depend on your work experience and filing age, among other things. People who are retired get about $1,920 a month as of August 2024.
People who get SSDI usually get about $1,539 a month. Some workers may have made a lot of money for 35 years or more. This means that they might be able to get the biggest Social Security checks in 2024.
In fact, someone who has retired can get up to $4,873. People who get SSDI can only get up to $3,822. If you want to get a big payment when you quit and you are still working, make sure you:
- Earn the taxable maximum
- File at 70
- Work for a minimum of 35 years
- Have jobs covered by SSA, so as to pay enough payroll taxes
Also See:- How to achieve the largest Social Security retirement payment in 2025 after COLA