New Social Security Payments Announced Retirees to Receive $2,829 and SSDI Recipients $1,960
Retirees and SSDI recipients may get payouts on the same paycheck. Social Security has announced when these eligible individuals will be able to receive money in their bank accounts.
According to the Social Security payment schedule, retirees will receive their money on September 18. This implies that qualifying beneficiaries will get their direct deposit or check within 48 hours. Some SSDI users may also receive money on this same payday.
SSDI and retirement benefit payments are due on September 18
If you did not qualify for any of the prior payments, but are on Social Security, you still have two options for receiving your new payment. To get money from the Administration on September 18, you must:
must have been born between the eleventh and the twentieth
Cannot receive Supplemental Security Income.
Did not receive SSDI or retirement benefits before May 1997.
Because the average payment for retired workers is $1,920 and a spouse receives $909 on average, an eligible married couple might receive a payment of approximately $2,829. Similarly, an SSDI recipient and their spouse can earn around $1,960, with an average of $1,539 for workers and $421 for spouses.
SSDI and retirement benefit payments are due on September 25
If your birthday is between the 21st and the 31st, you may be eligible for the September 25 payment instead. This will also be a payment for pensioners and SSDI beneficiaries.
Of course, to get any of these Social Security payments, you must first apply and be approved. If you do not receive an average payment, your Disability Insurance and Retirement payments may be significantly slower than $1,539 and $1,920, respectively.
In this instance, you should apply for Supplemental Security Income and the Supplemental Nutrition Assistance Program payments. They can help you improve your finances and overcome food poverty. Those who received benefits before to May 1997 will receive money from Social Security on October 3, 2024.