In the United States, the November payments for some Social Security recipients are not over yet. As a matter of fact, you could still receive your retirement benefits check or direct deposit of up to $4,873. Although many have already collected their money this month, others are looking forward to receiving it to make the necessary purchases and to have enough cash for Thanksgiving and Christmas.
Apart from being at least 62 years old and having filed, you must also meet other essential requirements to get any of the last three payments of the month. For example, to receive Social Security in 2 days, you need to meet the birth date requirement. Or else, you will not receive it. Bear in mind that this will not be the last payment of the month. SSI recipients will get their deposit on November 29.
$4,873 Social Security payment for those born in
If you were born from the 21st to the 31st of any month, are you qualified for Social Security, your next payment will be issued on November 27. That is on the fourth Wednesday in November.
Bear in mind that if you are not receiving retirement benefits, but Social Security Disability Insurance, your payment will also be issued on this day but your SSDI check will only be up to $3,822.
Actually, this payment on November 27 will not be for those who are receiving benefits since before May 1997. It will not be either for those who are receiving SSI and retirement benefits at the same time.
$4,873 and its eligibility requirements set by Social Security
To receive such a huge Social Security payment from the Administration, you must comply with all the rules. For instance, you must have worked for 35 years in jobs covered by SSA.
What is more, you must have filed at the age of 70 to benefit from delayed credits. But even if you manage to achieve these 3 things, it will not be enough because there is one condition that it is even tougher.
In fact, you must have also earned the taxable maximum for 35 years, summing up:
- worked for 35 years
- had jobs that paid payroll taxes
- filed at 70
- earned the contribution and benefit base for 35 years
