People in the United States who get Social Security will get a lot of important payments in November. Some beneficiaries may get up to three different payments this month, depending on the type of benefit and when it started.
This kind of schedule is especially helpful for people who depend on this income to meet their monthly needs, since it can bring in extra cash.
Some people who get Supplemental Security Income (SSI) will also get their benefits deposited this month, on top of their regular retirement or disability payment.
This type of payment schedule makes sure that recipients get the money they need, but it is important to know the exact dates so that you can plan ahead.
November 2024 Social Security Calendar
In November, Social Security set a number of important dates for sending benefits, separating regular retirement, disability, and SSI payments. These are the days you can pay:
- November 1: SSI and retirement payment for those who began getting benefits before May 1997.
- November 13: Payment for Group 2 retirees (those whose birthday falls between the 1st and 10th of the month).
- November 20: Payment for group 3 retirees (whose birthday is between the 11th and the 20th of the month).
- November 27: Payment for group 4 retirees (whose birthday is between the 21st and the 31st of the month).
- November 29: Second SSI payment, advanced by December check.
By having this system in place, beneficiaries can guess when they will get each payment and make smart plans for how to spend the money.
In fact, these dates make sure that payments come at different times of the month for people who get both retirement and SSI, giving them more steady income.
To get three different payments, you must have both your Social Security retirement payment and your Supplemental Security Income check set up. Setting up Direct Deposit as a way to collect payments also makes sure that we get them the same day they are sent.
Maximize monthly Social Security payments
People who receive Social Security benefits can use certain strategies to get the most money each month. Putting off getting benefits is one of the best things you can do because the monthly amount will go up as you complete more work hours.
People who wait until they are 70 years old to start getting Social Security can get a big boost in their monthly check.
Another important thing to do is to have worked for at least 35 years and made good money. This is because Social Security figures out how much to pay you when you retire based on the average of your best 35 years of earnings.
It is possible to get less of a benefit if you have less than those 35 years, but getting 35 years of high-paying work will maximize the amount you get.
Americans who are retired should know about these strategies and when to make payments because it can make a big difference in how much money they get each month.
