Social Security benefits are an essential source of income for millions of retirees and individuals with disabilities in the United States. However, the payment schedule can vary, which may lead to confusion for beneficiaries. On November 27, 2024, specific groups will receive their payments, while others will not. It’s crucial for beneficiaries to understand these differences to plan their finances effectively.
Who Will Receive Payments on November 27, 2024?
The Social Security Administration (SSA) follows a structured payment schedule based on beneficiaries’ birth dates and the date they began receiving benefits. On November 27, 2024, payments will be issued to:
- Group 4 Beneficiaries: These are individuals who started receiving benefits after May 1997 and were born between the 21st and 31st of any month. Payments for this group are typically made on the fourth Wednesday of each month, which in November 2024 falls on the 27th.
Who Won’t Receive Payments on November 27, 2024?
Certain groups will not receive payments on November 27:
- Group 1: Beneficiaries who began receiving benefits before May 1997 will not receive a payment on this date. Their payments are scheduled for the third of each month.
- Group 2: Those who began receiving benefits after May 1997 and were born between the 1st and 10th of any month will not get their payment on November 27. Their payments are scheduled for earlier in the month.
- Group 3: Individuals with post-May 1997 benefits and birthdates between the 11th and 20th of any month will also not receive payments on November 27, as they have earlier payment dates.
What About SSI Recipients?
Supplemental Security Income (SSI) recipients follow a separate payment schedule. Typically, SSI payments are made on the first of each month. However, since December 1 falls on a weekend in 2024, the SSA will issue December’s SSI payment on November 29. As a result, SSI recipients will not receive a payment on November 27, but instead, will receive an early payment on November 29.
November 2024 Payment Schedule Breakdown
Here’s a clear overview of the Social Security payment schedule for November 2024:
| Beneficiary Group | Birth Date Range | Payment Date | Payment Type | Notes |
|---|---|---|---|---|
| Group 1 | N/A | November 1 | Regular | Benefits started before May 1997 |
| Group 2 | 1st – 10th | November 13 | Regular | Benefits started after May 1997 |
| Group 3 | 11th – 20th | November 20 | Regular | Benefits started after May 1997 |
| Group 4 | 21st – 31st | November 27 | Regular | Benefits started after May 1997 |
Why Is Group 1 Not Receiving a Payment on November 27?
Group 1 beneficiaries, who began receiving benefits before May 1997, typically get their payments on the third of each month. As a result, they will not receive an additional payment on November 27.
Will SSI Recipients Get Their Payment on November 27?
No, SSI recipients will not receive their payment on November 27. Instead, they will receive their December payment early on November 29 due to December 1 falling on a weekend.
Understanding the Social Security payment schedule is essential for beneficiaries to manage their finances properly. On November 27, 2024, only Group 4 beneficiaries will receive their payments. Other groups have their payments scheduled earlier in the month, and SSI recipients will receive their payments earlier than usual, on November 29. Staying informed about these dates helps beneficiaries plan and avoid financial disruptions.
