As the end of the year draws near, people who get Social Security in the United States are still getting more money because of COLA 2024.
Taking into account the higher cost of living, this change still has a direct effect on retirees’ checks. The COLA for 2024 has already been put in place, but the next payment, on October 23, is very important for Group 4 retirees because it includes the annual raise.
Even though this is not a real raise because of inflation, it is meant to help retirees keep their purchasing power as the economy changes.
What do you need to know to get this payment without any trouble? Remember that there are different rules for each collection day, but that we all get our checks every month without any issues, no matter what group we are in.
Who are part of group 4 and how will they get the check on October 23rd?
On October 23, seniors in group 4 will get their money. This group includes people who started getting benefits after May 1997 and whose birthdays are between the 21st and 31st of each month.
If you are in this group, you will get your check on October 23 with the inflation increase for 2024.
So, the following information is something we should remember:
- Beginning to get benefits after May 1997.
- Birthday between the 21st and 31st of each month.
As long as you meet these conditions, you can get your payment on time as planned for group 4. You should make sure that all of your information is recorded properly so that there are no problems when your check is sent out.
It does not matter what kind of benefit you get or when we get your check each month. So, if we are in group 4, we can get the Disability or Age Retirement payment on October 23.

In the same way, this month’s payment will be the same as every other month this year. This means that we will have the same amount of money as in February, May, or any other month in 2024.
Avoiding Social Security payment delays
It is very important that you keep your information up to date so that your Social Security payment comes on time.
You should let the Social Security Administration know right away if your address, account number, or any other important information has changed.
You can quickly and easily control your information on their online platform, which makes this very easy to do.If you choose direct payment, make sure your bank account is in good standing so that you do not get turned down.
The first thing you should do if you do not get your payment by the due date is check your online account to see where it is. If everything seems to be fine but the check still has not come, call the SSA right away to get the problem fixed quickly.
Also see:-Social Security confirms the 3 major changes that will take effect on January 1
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