Social Security recipients could anticipate receiving several payments in the latter few months of 2024, with some receiving an extra payment in November.
According to the date of birth, these checks are sent on the second Wednesday of each month to those born between the first and the tenth, on the third Wednesday to those born between the eleventh and the twentieth, and on the fourth Wednesday to those born after the twentieth.
Benefit payments are made on the third day of each month to anyone who claimed for benefits prior to May 1, 1997. The first day of each month is when those who receive SSI benefits due to blindness, age, or disability should anticipate receiving their payments.
Payment will be made the day before business if it occurs on a federal holiday or weekend. The payment is made on the same day to spouses and children who are dependent on the primary recipient.
Conditions for receiving extra November SSI benefits
The November double payment is only available to SSI beneficiaries, who must fulfill strict qualifying requirements in order to be eligible for these benefits:
- Age or disability: Recipients must be blind or have a qualifying disability, or be 65 years of age or older.
- Income restrictions: The monthly income shall not exceed $1,971.
- Asset limits: Recipients are required to have assets under $2,000, except some resources like a primary residence or a car.
SSI The program’s stringent financial eligibility requirements guarantee that it assists those who are most in need, as it was created to assist those with low incomes and resources.
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The remaining Social Security calendar for 2024
- November: SSI will be received on November 1st and 29th, and the remaining payments will be made on November 20th and 27th. The reason for the extra payment is that December 1st falls on a Sunday this year.
- December: Supplemental Security Income will be received on the 31st, and payments will be made on December 11, 18, and 24. New Year’s Day, which falls on January 1, would be a holiday.
Read Also:Â SNAP December Payout Schedule: Will All SNAP Recipients See $1,756 Checks in December?
You are in luck if you are considering making a rapid withdrawal or if you simply want to know how much money you will be able to get when you begin collecting Social Security payments.
Anyone who wishes to manage their benefits or get an estimate of their monthly payment, among other things, can use a totally free online service. In fact, if you are currently receiving Social Security benefits, it is absolutely required.
The “My Social Security” website is your one-stop shop for all the information you require regarding your benefits, including how to make changes or access tax-related documents and other crucial data.
