As the year draws to a close, the Social Security Administration (SSA) continues to distribute the monthly payments to its beneficiaries. November can be a complicated month, because not only is it the beginning of the holiday season, it is also one of the times of the year when Americans choose to spend the most money to get deals on Christmas presents.

Of course, we are talking about Thanksgiving and the two key dates that come after, Black Friday and Cyber Monday (a fairly new addition but an already established tradition for many families). These three dates can make any bank account seem small, and retirees are not just not the exception, but they are sometimes the ones hit the hardest in this period.

Older beneficiaries are usually heads of households, with hosting duties and large families to feed and buy presents for, and Social Security benefits need to tide them over until the new year. Many will have been saving for months in preparation for the feast, but a last minute influx of cash will be an added safety net that many may need.

This is why knowing when your Social Security check will hit your account this month will be more important than usual, as it will help many coast through the first part of the holidays without any extra debt.

Social Security Payment for November

With Thanksgiving falling on Thursday, November 28, there are good news for all retirees. All benefits will be distributed before carving the turkey! Social Security payments are sent based on each person’s birthday, and while every month is a bit different due to the nature of the calendar, the rough distribution holds true. Plus, all modifications are accounted for and programmed in advance, so if your benefit does not conform to the rule, you will know in advance.

This month, payments will be made on three key dates:

1. Wednesday, November 13: beneficiaries born from the 1st to the 10th of any month of the year.
2. Wednesday, November 20: Beneficiaries born from the 11th to the 20th of any month of the year.
3. Wednesday, November 27: Beneficiaries born from the 21st to the 31st of any month of the year will have the money the day before Thanksgiving.

Additionally, those who started claiming benefits before May 1997 will have already received their payment on Friday November 1. Which was the only change in date for the month.

Most payments nowadays are made electronically, either through a direct deposit into your bank account or by using the Direct Express debit card. This card is prepaid, which means you don’t need to have a bank account to use it. You can use it to make purchases, pay bills, or withdraw cash. For those who still use paper checks, there is no anticipated disruptions to the postal service, so checks should still be received on time for the holiday.

How much will individuals receive in payments?

Well, the cost of living adjustment still has not gone through and will not until the 1^st of January 2025, so your check will have the same balance as it did the rest of the year. Of course, the amount will depend on your work history and age you started collecting benefits, but we can give you some rough estimates of what some recipients may be getting.

• For those who waited until age 70 to retire, they can receive up to $4,873 a month.
• For those who retired at full retirement age, they will receive up to $3,822 a month.
• For those who retired at age 62, they will receive a smaller amount, up to $2,710 a month.

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