The next $4,873 payment from the Social Security Administration is scheduled for November 13, 2024. Few workers can meet all the eligibility requirements specified by the Administration, therefore only a small number of Americans will benefit.
As a result, it is evident that this is a very difficult task. Furthermore, you can get it on November 13 or later, depending on when you were born.
You only need to make a few checks to find out if you will be eligible to receive your Social Security payment on November 13. Naturally, you are not eligible for the payments on November 13, 20, or 27 if you received any of the installments on November 1, 2024.
Social Security eligibility and $4,873 paychecks
If you were born before the eleventh of any month, you will get your next set of payments on November 13 in the form of cheques or direct deposits totaling up to $4,873. Naturally, you:
- Not eligible to receive Supplemental Security Income
- Not eligible to receive Social Security benefits prior to May 1997 and
- Must abide with SSA regulations after filing and receiving approval.
Your next payment will be made on November 20, 2024, if you were born between the 11th and the 20th and you meet the previously mentioned qualifications.
If their birthday comes between November 21 and November 31, many other retirees will receive their cash on November 27, 2024.
Read Also: $1,158 SNAP Payments Coming Soon for Eligible Families Across the U.S.– Are You Eligible?
Are you eligible for a substantial Social Security payment of $4,873
In 2024, employees who have worked for 35 years and filed at age 70 will need to fulfill two more requirements in order to get up to $4,873. The two requirements are working at jobs listed by the Social Security Administration and having earned at least the taxable maximum for 35 years.
The most amount you can receive if you meet the majority of these conditions but filed at age 62 in 2024 is $2,710. Even yet, since you are not receiving any credits that have been delayed, you will receive a significant reduction.
You can receive up to $3,822 if you file in 2024 at Full Retirement Age. Until December 2024, they will be the highest sums. But according to SSA, they will rise much more as a result of the 2025 COLA increase.
