The Social Security Administration (SSA) has set the first payment date for September 3, 2024. This payment will go to certain groups, including retirees and people who receive Social Security Disability Insurance (SSDI).
Not everyone will get this payment. Only those who meet certain conditions will have their benefits deposited on this date. Here’s a breakdown of who qualifies, how much they will get, and other important details.
Eligibility for September 3 Social Security Payment
The Social Security payment set for September 3 is for certain groups of people:
- Retirees Who Began Benefits Before May 1997: If you started getting Social Security benefits before May 1997, you are likely eligible for this payment.
- SSI Recipients with Retirement Benefits: If you get both Supplemental Security Income (SSI) and retirement benefits, you will receive your payment on September 3. SSI helps low-income elderly, blind, or disabled people.
- SSDI Recipients in the Same Situation as Retirees: SSDI beneficiaries who started receiving benefits before May 1997 will also get their payments on this date.
This payment date doesn’t apply to everyone. If you started benefits after April 30, 1997, or if you only receive retirement or disability benefits without SSI, your payment might come on a different date in September.
Payment Amounts for September 3
While some people might get their Social Security payment for the first time in September, the amount can vary a lot based on when you filed for benefits and your work history. Here are some key details:
Average Retirement Benefit: As of July 2024, the average monthly retirement benefit is $1,919.
Benefit Amounts Based on Filing Age:
- Filed at Age 62: Up to $2,710.
- Filed at Full Retirement Age (FRA): Up to $3,822.
- Filed at Age 70: Up to $4,873.
SSDI Recipients: The average monthly SSDI benefit is about $1,538, but it can go up to $3,822 for those who qualify for the maximum amount.
On September 3, 2024, Social Security payments will be made early only for those who began receiving benefits before May 1997 or for people who get both SSI and retirement benefits.
The payment amounts vary, with an average of $1,919 for retirees and a maximum of $4,873 for those who filed at age 70 and meet all requirements.
If you’re not in this early payment group, you’ll receive your payment on another September date based on your benefit type and eligibility.
To stay updated, check the latest information from the SSA or look at your benefits statement to confirm your payment date and amount.
Who qualifies for the September 3 Social Security payment?
Retirees and people on SSDI who started getting benefits before May 1997 qualify.
Will everyone get paid on September 3?
No, only those who started their benefits before May 1997 will receive their payment.
How much is the average Social Security retirement benefit in 2024?
The average monthly benefit is $1,919.
Can SSI recipients get their payment on September 3?
Yes, if they also receive retirement benefits.
What is the maximum Social Security payment if you start at age 70?
The maximum payment can be up to $4,873 per month.