New payments are on the way in the United States. The Social Security Administration (SSA) will be in charge of delivering them to American retirees who qualify. Here you will find the new payment dates for November and the possible amounts of direct deposits or checks for retirees.
For your information, none of the Social Security payments for retirees in November include the 2025 COLA increase. Actually, retirees will not obtain the 2.5% increase until the new year comes. Being January 3 the first payday with the COLA boost.
November paydays for retirees on Social Security
The 3 remaining payments will be for those retired workers who did not qualify for a direct deposit or check in early November. November 1 was the payday for those on benefits before May 1997 and for those who get SSI and Social Security.
- Retiree whose birthday is from the 1st to the 10th: benefit payment on November 13
- Retiree whose birthday is from the 11th to the 20th: benefit payment on November 20
- Retiree whose birthday is from the 21st to the 31st: benefit payment on November 27
Do not forget that only those workers who have applied for Social Security can receive these payments. The age you file will affect your payment amount. For example, if you file at 62, you get a 30% reduction.
Maximum payment amounts for retirees on Social Security in November
The largest benefit a retiree can receive in November will be $4,873. Since the 2.5% has not yet come into effect, benefits will remain the same as in the previous months in 2024.
On average, retirees can receive about $1,921. Since a Social Security benefit payment depends on your work history, you may get a lower or higher payment. Not all workers get the same amount of money.
Do not forget that your spouse or children may get benefits on your record once you apply for Social Security and as long as they meet the requirements. The average check for spouses is $909, while the average check for children is about $892.
