Sometimes the Social Security Administration schedules 2 monthly payments on the same day. This usually happens when the normal payday falls on the weekend or Federal holiday.
Since Sunday, November 3 cannot be a payday for retirees, the direct payment will be issued on November 1, which is the regular payment date for Supplemental Security Income (SSI) recipients.
SSI and Social Security on November 3
There are 3 different groups of recipients who will take advantage of the November 1 payment:
- All eligible recipients of the SSI program
- SSDI or retirement recipients who are also receiving SSI
- Retirees or SSDI recipients who started collecting payments before May 1997
If you do not qualify for the November 1 payment date, there will be 3 more paydays. For example, if you began collecting direct deposits or checks after April 30, 1997, and your birthday is from 1-10 your payment will be sent on November 13. November 20 if you were born from 11-20 and Nov. 27 if from 21-31.
Will SSI and Social Security recipients get the same payment amounts?
No, it is not likely to get the same payment amount because SSI is a supplement and it is for low-income recipients. For example, the average SSI payment is worth $698 for all recipients.
Retirees can get an average payment worth $1,920, as of August 2024. However, SSDI recipients can only get about $1,539 on average. So, retirees will receive the largest payments on November 1, 2024.
SSI recipients who are aged 65 or older can get about $575 on average. Supplemental Security Income recipients who are between 18-64 can get about $744 on average. So, age matters when it comes to payment amounts because it may imply whether you are receiving retirement benefits or not.
The largest average Supplemental Security Income will be for the under-18 group. They can receive about $820 on average. Still, the largest payment will be for those who filed at 70 for retirement, with a direct payment of up to $4,873.
