November’s Last Social Security Checks: Are You Receiving $696 or $1,542?

November's Last Social Security Checks: Are You Receiving $696 or $1,542?
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People with qualifying disabilities greatly benefit from disability benefit payments. There is a significant surprise for SSI recipients, even if the Social Security Administration (SSA) has confirmed that there are only two SSDI checks remaining in November.

SSA has planned another payout for Black Friday, even if they have already received their Supplemental Security Income payment in early November.

In reality, this Black Friday SSI payment was supposed to arrive on December 1st, but SSA had to deliver it earlier. This is due to the fact that SSA’s offices and banks will not be operating on Sunday, December 1.

Direct deposits and SSI checks will be made on November 29, 2024, to prevent delays. However, SSDI payments won’t take as long.

The next SSDI payment this month might total up to $3,822

It is crucial to emphasize that individuals who received disability benefits and received Disability Insurance on November 1st and November 13th must wait until December to receive their monthly payment.

You might, however, get your Social Security Disability Insurance payout on November 20 or November 27, 2024, if you haven’t already. Verify your eligibility below:

Payment DateEligibility
November 20, 2024The dates of birth lie between the eleventh and twentieth of any given month.
November 27, 2024The date of birth occurs on any month between the 21st and the 31st.
December 3, 2024
Benefits received prior to May 1997 or SSI on December 1, 2024

Who is going to get a $3,822 SSDI payout on November 20 or 27?

Workers who were able to work for 35 years and earn the taxable maximum during that period will receive this sizable cheque or direct transfer. It is therefore improbable to get such a huge reward.

Additionally, you must have had SSA-covered employment and submitted at the required age. The average disability benefit payment from SSDI is only $1,542. Since you can receive both disability benefits, apply for SSI if your payout is too low.

Differences between SSI and SSDI benefits in terms of qualifying requirements and amount

The source of funding

  • Employees contribute to the Social Security Disability Trust Fund through FICA taxes, which supports SSDI.
  • The money for SSI comes from regular tax receipts.

The requirements for eligibility

  • Eligibility for SSDI is determined by your employment history and the amount of money you have contributed to Social Security. The SSA’s disability requirements must be met.
  • In order to be eligible for SSI, you must meet the SSA’s disability requirements, have low income, and have financial need. Work history has nothing to do with it.

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Benefit Quantity:

  • SSDI payout levels are determined by the worker’s average lifetime earnings that are covered by Social Security. Up to a maximum of $3,627, the average monthly payment in 2023 will be almost $1,700.
  • The Federal Benefit Rate less countable income plus any state supplement is used to calculate SSI benefits. In 2023, an individual’s maximum federal SSI benefit is $914, and a couple’s maximum is $1,371. The average monthly payment is $700.

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How can people find out if they are receiving SSI or SSDI benefits?

The following are the main methods by which people can find out the status of their SSI or SSDI payments:

  • Online: via your Social Security account on the internet. You can access information about your application status, benefit payments, and other things by logging in if you already have an account. You can make an account if you don’t already have one.
  • By contacting the automated phone help line of the Social Security Administration at 1-800-772-1213 (TTY 1-800-325-0778). This service is offered in Spanish and English around-the-clock. Say “application status” or “checks” when asked to obtain details about your claim or payments.
  • By getting in touch with the Social Security office in your area. You can use the SSA’s Office Locator web tool to get the general inquiries phone number for your local office. Under “Show Additional Office Information,” the number can be displayed.

Call the SSA between 8 a.m. and 7 p.m., Monday through Friday, at 1-800-772-1213 (TTY 1-800-325-0778) if you are unable to check your status online.

The Source: vibes.okdiario.com

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With more than two years of expertise in news and analysis, Eileen Stewart is a seasoned reporter. Eileen is a respected voice in this field, well-known for her sharp reporting and insightful analysis. Her writing covers a wide range of subjects, from politics to culture and more.