Social Security Payments This Month – SSI And SSDI Recipients To Get Checks Of $696 & $1,542

Disability benefit payments to be sent in November: As you can imagine, dealing with Social Security Disability benefits can prove complex – but implementing this knowledge will help to protect your financial future.

Nov 2024, SSI And SSDI Beneficiaries Will See Critical Changes In Payment Dates, Average Benefit Amounts And How To Avoid Pitfallsorny recipients of Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI).

What Are SSI And SSDI?

Both SSI and SSDI provide financial support to millions of Americans, but they are designed for different purposes:

• SSI (Supplemental Security Income): This entitlement program supports eligible aged, blind, or disabled low-income individuals according to their human needs.  They help meet timely basic needs, which include food, clothes, and shelter.
• SSDI (Social Security Disability Insurance): Being funded through payroll taxes, SSDI provides support for the individual with a qualifying disability.

Disability Benefit November 2024 Payment Schedule

SSI Payment Schedule

Recipients of SSI will receive two payments in November:

1. November 1, 2024: This is the monthly SSI payment unless otherwise provided by the Commissioner of this heading.
2. November 29, 2024: An early payment for December because December 1 is a Sunday.

SSDI Payment Schedule

SSDI payments are distributed on a staggered schedule based on the beneficiary’s birth date:

• November 1, 2024: For those who began to receive the benefits prior to May 1997 or for persons who are on SSI and SSDI.
• November 13, 2024: The above injunctions apply for the beneficiaries whose birthday falls between the 1st and 10th of the month.
• November 20, 2024: More so, to beneficiaries in the age bracket between the 11th and 20th in a calendar year.
• November 27, 2024: For them, beneficiaries whose birthdays are within the period of the 21st and 31st.

SSDI Payments

SSDI pays an average of $1,542 per month in 2024, but its real amount is calculated by your wage for a lifetime. Loopholes in this policy show that those who earn more benefit from larger amounts of insurance.

The SSA has a Benefits Calculator, which allows you to estimate your SSDI payments.