Disability beneficiaries will be happy to learn that there is a new payment and it’s about to be in their pockets if it’s right. Social security has scheduled payment of November 15. However, not all disabled beneficiaries receive their check on the same day.
The good thing is that this won’t be the last check in November. Therefore, there will be another payment day and you may get yours Social security for disability on that day instead.
In total there are four different payment days if you are on Social security for disability. Another option is to cash out money from Supplemental Security Income, which is available to people who are blind or have a disability.
The eligibility of disabled beneficiaries for the next Social Security check
Not all disabled beneficiaries can get the next one Social security payment. In truth, only those who did not receive benefits before May 1997 can qualify for this new check sent by the administration.
Another key cash requirement disability benefits on November 15 is to have a birthday on the 11th, 12th, 13th, 14th, 15th, 16th, 17th, 18th, 19th or 20th of the month.
Therefore, the number of disabled beneficiaries who can collect the check on November 15 is limited. So if your birthday is from the 1st to the 10th, your next check will be on the 13th of December.
Those whose birthdays are between the 21st and 31st can still get theirs Social security Disability insurance in November. In fact, the Administration announced their next payment for November 22, 2023.
How Much Can Social Security Disability Beneficiaries Receive?
Thanks to the 2023 COLA the maximum amount for SSDI checks is $3,627. However, recent statistics released by the SSA confirmed that payments are on average much less. This is important to know because people who have recently applied may be disappointed if they expect more money.
If you’re on SSDI, the average payment is $1,486 Social security as of September 2023. Therefore, there is a wide gap between the possible maximum amounts and the actual amount that recipients collect each month.
The reason this disability payment may be less is because workers haven’t had enough time to earn more Social security credits. Because it may appear to be a disability, you may not have earned the required 40 work credits for retirement.
The new COLA increase won’t arrive in December unless you collect additional Social Security income. So you’ll have to wait for the January Social Security payment to take advantage of the 3.2% increase.