The Social Security payment schedule for November 2024 has several elements that should be analyzed to understand how payments are distributed and what rules apply in each case. To begin with, always keep in mind that, each month, retirees are grouped into three large groups that are distributed on the second, third, and fourth Wednesdays.
Social Security organizes payments for retirees and disabled recipients (that claim SSDI allowances) into different weeks to avoid overloading the system and to allow funds to reach all beneficiaries in an orderly manner. Furthermore, dividing payments according to date of birth guarantees better administration of resources and facilitates management for both beneficiaries and financial institutions.
Regular benefit payments in November: prepare to receive your money
Monthly Social Security payments are made following a pre-established schedule that depends on the beneficiary’s date of birth. It stars by the second Wednesday (November 13, 2024): This day payments are sent to those born between the 1st and 10th of any month. If you are part of this group, you will receive your benefit this day.
Then, it’s the third Wednesday (November 20, 2024): those whose birthday falls between the 11th and 20th of the month will receive their payment on this date. This pattern ensures that payments are spaced out and organized. Finally, the fourth Wednesday (November 27, 2024) closes the calendar for these beneficiaries: This day corresponds to beneficiaries born between the 21st and 31st of any month. This is the last group to receive their deposit for the month.
Unlike retirement benefit payments (which are distributed along with disability benefits, SSDI) the Supplemental Security Income (SSI) follows a different schedule than regular Social Security benefits. In November, this payment is made on November 1, 2024. This scheme is standard for SSI recipients, who receive their payments on the first day of each month. It is important to note that this payment is separate from regular deposits to avoid confusion.
In 2024, the maximum monthly Social Security benefit for those reaching full retirement age was set at $3,822. By 2025, this amount will rise to $4,018. If you have a high income and reach full retirement age in 2025, you are probably considering applying for benefits to receive that $4,018 per month
SSDI payments in November
The beneficiaries of the Disability Insurance (SSDI) They have a dynamic that can vary. If you only receive SSDI, your payments will follow the same pattern as regular benefits, based on your date of birth. However, those who receive both SSDI and SSI will receive their payments on November 1, along with the SSI deposit, regardless of their birthday. On November 29, you’ll see a second advance payment, corresponding to the month of December, since the first day of that month is a Saturday.
Finally, on December 31, the last day of the year, you’ll get one more advanced payment, which corresponds to January 1, 2025. Of course, it’s moved ahead because that day is a holiday, and the SSA won’t deliver any check or deposit.