Retirees in the United States may soon receive their monthly payments. The U.S. Government, through the Social Security Administration, will start delivering direct deposits and checks to eligible beneficiaries.
There are 2 groups of retirees who will receive money from the Administration in less than 24 hours. However, they must meet the following requirements SSA set to get them.
$1,919 Social Security check on September 3
Those retirees who receive Social Security and Supplemental Security Income (SSI) every month qualify for the check or direct deposit on September 3, 2024.
The second group of retirees who will receive a payment from the Administration will be those who started collecting Social Security before May 1997. They will also receive money in their bank accounts on September 3.
So, if you are in one of these 2 situations SSA is on the verge of sending a new payment within hours. Delays are not expected. However, if your bank does not process your payment on time, contact them. Do not report a delayed payment to SSA until you have waited for 3 mailing days.
What if I do not qualify for Social Security on September 3, 2024?
If you are receiving retirement benefit payments but you do not qualify for this one, there will be monthly payments on the second Wednesday ,the third Wednesday and the fourth Wednesday in September.
Therefore, you will receive a Social Security payment on one of these days:
- September 11: birthday from 1-10
- September 18: born from 11-20
- September 25: birth date from 21-31
All these Social Security payment dates for September are for both retirees and SSDI beneficiaries. When it comes to amounts, the average payment for retirees is worth $1,919 as of July 2024.
SSDI recipients can receive about $1,538 on average. The maximum benefit for a retiree is worth $4,873 if you filed for retirement benefits at the age of 70 and you were a high earner for many years. 35 or more.