The new Social Security payments that are about to arrive in September will have a little extra money over the payments in the United States from previous years. This means that if our benefit in the previous year had an amount we will now see a higher amount.
Of course, each new payment day will have its own requirements. Thus, getting each new retirement check will depend on whether we are eligible or not. If we are eligible, the payment will be higher than the previous year thanks to the COLA 2024. This COLA became operational in January of this year, so since then we can see this increase in benefits received from Social Security.
Social Security Checks with the COLA 2024
As we have already discussed, the increases in these benefits will be directly dependent on the COLA 2024. Social Security checks have a new maximum payment that make United States citizens enjoy a little extra money each year.
In this year 2024, the payments have increased by 3.2%, which makes all beneficiaries have gotten this increase. There is no fixed amount, as it is a percentage, so each beneficiary may get a different amount. Citizens get $3.2 for every $100 they collected in the previous year.
The maximum Social Security checks in each category in September 2024 are:
- Disability: $3,822.
- Retirement at 70: $4,873.
- Early Retirement Age: $2,710.
- Full Retirement Age: $3,822.
Therefore, to know the exact amount we will get in September 2024, we will only have to look at the previous months of the year. Likewise, by adding 3.2% to our September 2023 check we can also get the amount of Social Security.
Social Security payment schedule in September
In addition to all of this, knowing the payment day is also very important. Each payment day has its own requirements. With this in mind, we can look at the following Social Security schedule for September:
- September 3rd. Social Security payment for pre-May 1997 retirees.
- September 11th. Social Security payment for retirees after May 1997. It is also necessary to have a birthday between the 1st and 10th of the month.
- September 18th. Social Security payment for retirees after May 1997. Birthdays between the 11th and 20th of the month are also required.
- September 25th. Social Security payment for retirees after May 1997. It is also necessary to have a birthday between the 21st and 31st of the month.
To this calendar we must also add the Supplemental Security Income payment. This payment is sent on August 30th due to an irregularity in the calendar.
