Social Security Payments: Who Will Receive Payments on November 15, 22?
The November 15 social security payments for 2023 are about to be sent out soon and whether you will receive yours later this week depends on when you were born.
According to the Supplemental Security Income's schedule, those whose birthdays fall from the first to the 10th of the month will get their social security payments every second Wednesday. For November 2023, it fell on November 8.
For those who were born from the 11th-20th of the month, will receive their social security payments on the third Wednesday, which is on November 15. Those born from the 21st to the 31st will get theirs on the fourth Wednesday, or November 22.
The SSA also sends out security payments for those who received social security payments before May 1997, as well as those receiving both social security and Supplemental Security Income, at the start of the month. Social Security payments for them usually arrive on the 3rd, while the SSI arrives on the 1st.
As for those who did not receive their security payments on the scheduled date provided by the SSA, the agency recommends allowing around three additional mailing days before calling them about this.
More November 2023 Social Security Payments Scheduled To Be Sent This Week
The Social Security payments and the SSI are not the only checks scheduled to come out in November, as the November Social Security Disability Insurance checks are also scheduled to go out this week.
The November Social Security Disability Insurance checks are also scheduled to go out this week. According to CNET, the SSDI payments are pretty much on the same schedule as the normal social security payments as they are also determined by your birthday.
People who have received their SSDI since before May 1997 will also get theirs on November 3, while those whose birthdays fall between the 1st and 10th of any given month get theirs on November 8. SSDI payments for those born between the 11th and 20th of any given month will get their disability checks on November 16, while those born between the 21st and 31st of any given month will receive theirs on November 22.
How Much Are the Social Security Payments Worth?
Those who are eligible to receive retirement checks every month will receive a maximum amount of $4,555, though most senior citizens do not qualify to receive this much as the average check is worth around $1,841, according to Vibes.
Those who reach full retirement age get a maximum of $3,627 while those who reach the age of 62 can get up to $2,572. However, those with SSDI only get an average amount worth $1,486.
Thanks to the recent COLA boost for 2023, benefits have increased by an average of $50. For the 2024 COLA boost, seniors at full retirement age will be able to cash up to $3,822, with the maximum amount for those at full retirement age getting up to $4,873.
READ MORE : Donald Trump is Confused Why Co-Defendants Sidney Powell, Jenna Ellis, Kenneth Chesebro Pleaded Guilty
This article is owned by Latin Post.
Written by: Rick Martin
WATCH: 2024's Social Security increase might be getting bigger - KTLA 5
Subscribe to Latin Post!
Sign up for our free newsletter for the Latest coverage!