Based on their eligibility and the date of their filing, some retirees will get their November Social Security checks sooner than others. A breakdown of when and how much you might be paid is provided below.
Payments begin on November 13
The first November payments for retirees aged 66 to 67 who applied for Social Security after April 30, 1997, will be issued on November 13. These people are eligible to receive up to $3,822, but they must fulfill certain requirements, such as:
- Filing when you reach full retirement age, which is usually 66 or 67.
- 35-Year Work History: 35 years of employment in positions that the Social Security Administration (SSA) covered.
- Base Contribution: Fulfilling the 35-year contribution and benefit base set by the SSA.
Additional November Payment Dates
Payments in November will be made according to the following timetable, which is dependent on your birthdate:
- November 20: For anyone born on or before November 11.
- For birthdays after November 20, use November 27.
The timely processing of payments is guaranteed by this staggered schedule.
Average Retiree Social Security Benefits
As of August 2024, the average monthly Social Security retirement payout is approximately $1,920.
Depending on their employment history and filing age, some retirees between the ages of 66 and 67 may receive smaller benefits, while others may be eligible for larger sums.
Your benefits may rise by almost 24% if you wait until you are 70 years old, which would significantly boost the value of your retirement income.
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The COLA for 2025: What About It?
The anticipated 2025 Cost-of-Living Adjustment (COLA) changes are not included in the November payouts. Payments in the future will reflect these adjustments.
Social Security benefits for November are contingent upon your eligibility, birthdate, and filing date.
Delaying benefits or submitting at the wrong time can greatly raise your amount, even if the average monthly payment is $1,920. Remember these dates and advice to properly manage your retirement income.
