2023-11-05 08:03:53
In November 2023, millions of retirees will have the opportunity to once again receive their payments from the Social Security Administration (SSA), although it will not yet arrive with the new COLA increase, which comes into effect in January of next year.
It is worth mentioning that, for this year, a significant increase in payments was implemented, reaching an increase of 8.7% in response to the growing inflation in the United States. The payment of this check will reach its recipient who meets certain requirements, one of them is the day of his birth. In this case, who birthdays between the 1st and 10th of any monthare part of the first group that will receive their payment in the second week of November.
Below, we provide you with information about the start dates of these disbursements and the maximum amounts you could receive in the second week of this month.
Date of payments to Social Security beneficiaries in November 2023
What is the payment schedule for the second date of Social Security in November?
In case you have doubts about the collection date, here we show you the payment schedule established by the SSA, to deliver benefits to retirees in the month of November, depending on the date of birth of each individual:
FIRST GROUP: on Wednesday, November 8 for retired workers who were born between the 1st and 10th of the month.
SECOND GROUP: on Wednesday, November 15 and 22 for beneficiaries who were born outside of the dates mentioned above Social Security payment schedule in the month of November
How much will the payment be?
As we well remember, the Administration issues checks whose value varies significantly, since they are directly related to the age at which they retired from the labor market and their contributions to the Social Security throughout this stage. These are the amounts they should receive:
People who retired early, at age 62, receive up to US$2,572 per month. For those who retired at age 67, their monthly payment can be up to US$3,627. Those who delayed their retirement until age 70 can obtain a maximum payment of up to US$4,555.
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