In October, the last Social Security payment was valued at $1,888, marking a pivotal moment for millions of Americans who rely on these checks to manage essential expenses and the impact of inflation on the country.
The next Social Security payments will be on November 8, 15 or 22 and it is likely that this next check will be for you. It is essential to have applied for benefits after April 30, 1997, as those who applied before May 1997 are not eligible for this payment and will be eligible on November 3.
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To be eligible for this average payment of approximately $1,841, your date of birth must fall within the range of the 1st through the 10th of the month. Those whose birth dates do not fall within this range do not qualify for this Social Security payment.
Social Security Payments
As of January 2023, the Social Security Administration began sending checks averaging $1,841 for retired, disabled, and widowed persons age 62 and older. However, some payments have been much higher, reaching up to $4,555 in 2023 at age 70. To receive this higher payment, you must have worked at least 35 years, retire at age 70 and have an exceptional earnings history.
November 8 will be marked as the date of the first November Social Security payment, so millions of U.S. retirees will receive their first payment.
It should be remembered that last November 1, SSI payments were made again, since in the month of October there were no payments due to the fact that they were advanced to September 29.
If you receive retirement or disability benefits and the check is small, you may qualify for SSI, a supplement for low-income Americans. Don’t delay and apply for more money as soon as possible.