$4873 Social Security Payment Schedule September 2024 & Fact Check

As September rolls in, many retirees are eagerly anticipating their Social Security payments. For those not receiving the payment set for September 3, there’s good news: payments will begin on September 11 for retirees who do not qualify for Supplemental Security Income (SSI) and started receiving benefits after April 30, 1997. Some retirees may qualify to receive up to $4,873 on September 11, 2024.

This document offers comprehensive insights into optimizing Social Security benefit payments for 2024. The Social Security Administration is set to roll out the next wave of payments on September 11, 2024. Retirees who are ineligible for the September 3 payment but meet the relevant birthday criteria will receive their funds accordingly. Specifically, individuals born before the 11th of the month will have their payments deposited on September 11, while those with birthdays between the 10th and 21st will see their checks issued one week later, on September 18.

The last disbursement for retirement benefits will take place on September 25 for individuals whose birthdays fall between the 21st and the 31st, irrespective of their birth year or month. September 2024 is a pivotal month for retirees in the United States, especially for those relying on Social Security benefits to manage their living costs. For retirees who did not receive the initial payment on September 3, a second round of direct deposits will commence on September 11, allowing some to potentially receive up to $4,873.

Table of Contents

$4,873 Social Security Payment Schedule for September 2024

The Social Security Administration (SSA) plans to launch the second round of payments on Wednesday, September 11, 2024. This disbursement is intended for retirees who did not qualify for the initial payment scheduled on September 3. To be eligible for this payment, retirees must meet the designated birthday criteria. Those born between the 1st and the 10th of any month will have their payments deposited on September 11. Retirees whose birthdays fall after the 10th and before the 21st will receive their payments one week later, on September 18, while those born between the 21st and the end of the month will have their payments issued on September 25.

$4,873 Social Security Eligibility Criteria

The Social Security Administration (SSA) is set to begin distributing payments on September 11, 2024. This payment schedule applies specifically to retirees who meet the following criteria:

They are not eligible for the payment scheduled on September 3.
They started receiving benefits after April 30, 1997, and their birthday falls on or before the 10th of any month.

For retirees with birthdays between the 1st and 10th, the Social Security payment will be deposited into their bank accounts on September 11. Those whose birthdays fall between the 11th and 20th will receive their payments a week later, on September 18. Finally, retirees born between the 21st and the 31st of any month will have their payments processed on September 25.

$4,873 Social Security Payment Dates September 2024

Particulars	Social Security Payment Dates
Beneficiaries receiving SSDI before 1997	3rd September 2024
Beneficiaries receiving SSI before 1997	30th August 2024
Birth Date from 1st – 10th	11th September 2024
Birth Date from 11th – 20th	18th September 2024
Birth Date from 21st – 31st	25th September 2024

$1112 Stimulus Payment September 2024: Check Eligibility & Apply for a Property Tax Rebate

Payment Schedule

Many retirees seek systematic strategies to maximize their Social Security benefits. The maximum benefit amounts depend on the age at which individuals apply for these benefits:

At Full Retirement Age (FRA): The maximum benefit is $3,822.
At Age 62: The maximum benefit is $2,710.
At Age 70: The maximum benefit is $4,873.

To achieve the highest possible benefit, it is advisable to delay applying for benefits until reaching age 70. This strategy allows individuals to take advantage of delayed retirement credits, which incrementally increase the monthly payment for each year benefits are deferred beyond FRA, up to age 70.

For applicants aiming for a higher payment, qualifying for certain criteria is essential. It’s important to note that receiving such a substantial Social Security check or direct deposit is relatively rare.

Typically, recipients need to have worked for at least 35 years, consistently contributed to the benefit base, and held jobs that paid adequate taxes to the SSA. Some individuals may receive payments below the average amount. According to Social Security, the average retirement payment was $1,919 as of last August.

If your earnings are significantly below this average, you may want to consider applying for Supplemental Security Income (SSI). This federal assistance program will next be distributed on October 1, 2024, and can provide up to $943 to eligible recipients.

SSA.gov: Latest Information on Payments

Supplemental Security Income (SSI) is a federal program designed to assist individuals with low income and limited resources. If you qualify, you can receive additional financial support alongside your Social Security benefits. The next SSI payment is scheduled for October 1, 2024, with the maximum amount for individuals set at $943 per month.

Applying for SSI can help supplement lower Social Security payments during retirement. Understanding when your Social Security payments will be disbursed and their respective amounts is essential for effective financial planning. Payments may be scheduled for September 11, 18, or 25, and various factors can influence the benefit amount.

The upcoming SSI payment will be accessible on October 1, 2024, for eligible recipients. The primary purpose of SSI is to ensure a basic income level for individuals facing financial hardships. For inquiries about eligibility or payment amounts, it is advisable to contact the SSA for personalized assistance.

Fact Check

Rumors regarding specific government checks frequently stem from misunderstandings about existing benefits or from exaggerated claims circulating online. It’s crucial to depend on official sources for accurate information.

As of 2024, there has been no federal announcement regarding new deposit payments. Most deposits for government programs are contingent on individual circumstances, such as income, work history, and eligibility. To protect yourself from misinformation, always verify claims through official government websites or consult a financial advisor.