The Social Security Administration (SSA) has unveiled the eligibility criteria for the upcoming payment on Wednesday. It’s imperative to meet all requirements to receive your payment. To begin, you must have applied for retirement benefits after April 30, 1997.
Beneficiaries who filed before May 1997 can anticipate their new Social Security payment on November 3, 2023. Notably, individuals born between the first and tenth of the month won’t receive their payment on October 18, 2023.
Likewise, those with birthdays falling between the 21st and 31st of the month won’t receive their payment on October 18 either. This stipulation applies to those meeting the specific birthday criterion.
WHO QUALIFIES FOR THE NEXT SOCIAL SECURITY PAYMENT UP TO $4,555 ON OCTOBER 18?
In addition to having applied for benefits post-April 30, 1997, your birthday must fall between the 11th and the 20th.
If your birthdate doesn’t align with these dates, this isn’t your payday. Nonetheless, for those aged 62 or older with birthdays from the 21st to the 31st, an average payment of around $1,841 can be expected in the coming days.
Furthermore, the subsequent Social Security payment is slated for October 25, merely a week after this week’s Wednesday disbursement. Keep in mind that cashing two retirement checks from Social Security simultaneously is not feasible.
However, it’s possible to receive retirement benefits, disability benefits, and Supplemental Security Income (SSI) concurrently. SSI provides essential financial support for countless low-income families in times of need.
If you’re on SSI, Wednesday payments, regardless of your birthday, do not apply.
SSA has clarified that those receiving both SSI and retirement benefits receive their Social Security payment on the third day of the month. For SSI, it’s scheduled for November 1, 2023. For further insights, watch the video above to learn about the offerings provided by SSI.