Social Security and SSI Payments – Around $1,924 and $697 to Be Issued Before Black Friday

With Thanksgiving and Black Friday fast approaching, millions of Social Security and Supplemental Security Income (SSI) recipients are eagerly awaiting their monthly payments. November is a busy month for the Social Security Administration (SSA), as it includes holiday disruptions. Despite only five official paydays, there will be a total of six payments issued this month. Here’s what you need to know about the payment schedule and when you can expect to receive your benefits.

Payment Dates

For many retirees and disability recipients, knowing the exact payment schedule is essential, especially during the holiday season when expenses tend to rise. Here are the remaining paydays for Social Security and SSI recipients in November:

Payments

• November 13: This payment is for beneficiaries who were born between the 1st and 10th of any month and did not begin receiving Social Security before May 1997.
• November 20: This payday is for beneficiaries born between the 11th and 20th of any month.
• November 27: Beneficiaries born between the 21st and 31st of any month will receive their payments two days before Black Friday.

These scheduled payments ensure that recipients have their funds in time for holiday shopping, including potential Black Friday deals.

Payment Before Black Friday

The SSA has confirmed that the next major Social Security payment date will be on November 27, just two days before Black Friday. This timing allows beneficiaries to receive their funds and make any planned purchases during the popular shopping event. The payment on November 27 is part of the regular monthly distribution for retirees based on their birth dates.

Average Payments

The amount you receive from Social Security depends on when you filed and your earnings history. Here are the maximum monthly payment amounts for Social Security beneficiaries in November 2024:

These amounts reflect the highest possible benefits, assuming the recipient worked in covered jobs for 35 years and earned the maximum taxable income throughout that time.

Payments on Black Friday

For Supplemental Security Income (SSI) recipients, the SSA has scheduled a special payment on November 29, 2024, which falls on Black Friday. This payment is significant for the 7.5 million SSI beneficiaries who rely on these funds for essential expenses.

Maximum Payments

SSI payments are generally lower than Social Security retirement benefits. Here’s what SSI recipients can expect:

The SSI payment on November 29 will be the final disbursement for the month and will arrive just in time for Black Friday. This early release helps ensure that recipients have access to their funds without delays from the holiday weekend.

Important Tips

With multiple payments scheduled around Thanksgiving and Black Friday, it’s essential for recipients to keep track of their deposits and plan accordingly. Here are some tips to help:

1. Monitor Your Account: Verify your payment date and check your bank account to ensure the funds have been deposited as expected.
2. Plan Ahead for Holiday Expenses: With payments arriving before and on Black Friday, take advantage of the timing to manage your holiday shopping effectively.
3. Watch for Scams: Be cautious of any calls or messages claiming to be from the SSA. The agency will not contact you to ask for your Social Security Number or payment information.

What to Expect

Looking ahead to December, the SSA will issue an early payment for SSI recipients on December 31, 2024, to account for the January 1 Federal Holiday. This payment will also include the 2025 Cost-of-Living Adjustment (COLA) increase of 2.5%, providing a boost for the new year.

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