The Social Security Administration will send the next payment worth $4,873 on November 13, 2024. Only a few Americans will receive because few workers can meet all the eligibility criteria the Administration set. Therefore, you can tell it is an absolutely demanding challenge. What is more, depending on your birth date, you may receive it on November 13 or later.
If you want to know whether you can receive a Social Security payment on November 13 or not, you just need to check a few things. Of course, if you got any of the payments on November 1, 2024, you are not eligible for the payments on November 13, 20 or 27.
$4,873 paydays and eligibility for Social Security checks
The next round of payments with checks or direct deposits of up to $4,873 will be sent on November 13 if you were born before the eleventh of any month. Of course, you:
- cannot be a recipient of Supplemental Security Income
- cannot have received Social Security before May 1997 and
- must stick to SSA rules once you file and get approval
If you meet the same requirements as stated before but you were born from the 11th to the 20th, your next payment will be issued on November 20, 2024. Many other retirees will get a payment on November 27, 2024, if their birthday falls from 21-31.
$4,873 eligibility for such a large Social Security amount
Workers who have worked for 35 years and filed at 70, will have to meet two more requirements to get up to $4,873 in 2024. The 2 conditions are having had earnings equal or higher to the taxable maximum for 35 years and having jobs covered by SSA.
If you meet most of these requirements but you have filed at 62 in 2024, you can only get up to $2,710. Still, you will get a great reduction because you are not benefiting from any delayed credits.
Filing at Full Retirement Age in 2024 can provide you with a payment of up to $3,822. These will be the largest amounts through December 2024. However, the 2025 COLA increase will make them even higher said SSA.