In the United States, people receiving SSDI (Social Security Disability Insurance) or retirement benefits from Social Security will soon get their next payment. Some may receive as much as $3,822 in the next 24 hours or within a few days. Understanding who qualifies for these payments and when they are delivered can help you know what to expect.
What are SSDI and Retirement Benefits?
SSDI provides financial support for people who can’t work due to a disability. On the other hand, retirement benefits are paid to people who have worked for many years and are of retirement age. The Social Security Administration (SSA) manages both types of benefits.
Who Will Get the Maximum Payment of $3,822?
You may qualify for the largest payment if you earned the highest wages while working and filed for Social Security at Full Retirement Age (FRA). To be eligible for the maximum payment of $3,822 in 2024, you must have:
- Earned the maximum taxable income for 35 years (in 2024, this is $168,600).
- Applied for retirement benefits at Full Retirement Age.
Payment Schedule for September 2024
The SSA uses your birthdate to decide when you get your payment. The table below shows when you can expect your Social Security payment based on your birthdate:
| Birthdate | Payment Date |
|---|---|
| Born between 11th-20th | September 18, 2024 |
| Born between 21st-31st | September 25, 2024 |
How to Know If You Qualify for $3,822
To get this high payment, you must meet the following requirements:
- You must have applied for Social Security after April 30, 1997.
- You should not be receiving Supplemental Security Income (SSI).
- You must follow the payment schedule based on your birthdate (as shown above).
If these conditions are met, you may get up to $3,822 in your next payment.
What Happens After September?
Payments for SSDI and retirement benefits will remain the same until December 2024. In January 2025, recipients will see a Cost-of-Living Adjustment (COLA), which could increase their payments slightly to match the rising cost of living.
Conclusion
In short, the Social Security Administration will send out payments to retirees and SSDI recipients in September 2024. Some people may qualify for up to $3,822 if they meet certain criteria, such as having worked for 35 years and earning the maximum taxable income. Keep an eye on your payment schedule based on your birthdate, and look forward to a potential increase in 2025.
FAQ’s
Who qualifies for the $3,822 Social Security payment?
Only those who earned the maximum taxable income for 35 years and filed at Full Retirement Age can qualify for the $3,822 payment. SSDI recipients may also qualify if they meet similar criteria.
When will I receive my Social Security payment in September 2024?
Your payment date depends on your birthdate. If you were born between the 11th and 20th, your payment will arrive on September 18, 2024. If you were born between the 21st and 31st, expect payment on September 25, 2024.
Will the payment amount change in 2024?
The payment amounts will remain the same for SSDI and retirees through December 2024. However, a Cost-of-Living Adjustment (COLA) increase will take effect in January 2025.