The Social Security Administration (SSA) will provide $4873 social security payments in November 2024. Social Security monthly payments will be paid to retirees, disabled and eligible survivors. The $4873 Social Security payment helps citizens get rid of their financial difficulties by helping them meet their living needs. The $4873 Social Security payment is set to be disbursed in November and on the following dates, November 13, 20 and 27.
In the following article we will discuss important aspects of the $4873 Social Security, its payment date, eligibility criteria, new Social Security benefits, and how to claim the payment.
$4873 Social Security Payment
The federal government provides a number of social security benefits to help citizens meet their daily living needs. The $4873 Social Security benefit is one of them, its goal is to pay the cost of living for citizens facing financial challenges.
The Social Security monthly payments of $2,710, $3,822 and up to $4,873 begin to be paid on the second Wednesday of each month and are paid consecutively on Wednesdays in subsequent weeks. And the dates of these payments are determined depending on the date of birth of the beneficiary. Individuals born between the 1st to 10th of the month received their checks on November 13. Individuals born between the 11th to 20th of the month will receive their checks on November 20, and individuals born on the 21th – 31th of the month will receive their checks on November 27, 2024.
| Amount | $4873 |
| Administrated by | Social Security Administration (SSA) |
| Max. age of beneficiaries | Up to 70 years |
| Beneficiaries | Citizens of U.S. |
| Purpose | Provide aid to retirees, disabled individuals, and survivors |
| New Adjustment | 2.5% increase in COLA |
| Payment Days | Wednesdays |
| Payment Dates | 13th, 20th and 27th November |
| Authority website | https://www.ssa.gov/ |
Eligibility for Social Security Payment of $4873
To eligible for $4873 Social Security Payment, each individuals must meet the specific criteria that includes the following.
- Individuals must be a legal residents of United State or lawful bona fide resident.
- Individuals must have worked at least 35 years, except with little or zero earnings, because Social Security benefits are determined based on the highest-earning of past 35 years.
- Individuals must be employed in a field in which Social Security payroll taxes are applicable
- Individuals must be Early Retirement (age 62)/Full Retirement Age (627)/Delayed Retirement (age 70) to avail the benefits.
Read Also: Florida SNAP Payment Schedule
$4873 Social Security Payment Date & Schedule
The Social Security Administration will handle the distribution of the $4873 payment. The payment process is based on one’s birthday and will be available every Wednesday, starting on the second Wednesday of the each week. The following is the payment date and schedule for $4873.
- Individuals born between 1st – 10th, the payment date will be available on November 13, 2024.
- Individuals born between 11th – 20th, the payment date will be available on November 20, 2024.
- Individuals born between 21st – 31st, the payment date will be available on November 27, 2024.
Social Security Payment in 2025
The Social Security Administration (SSA) recently announced a cost-of-living adjustment (COLA) increase in 2025. The increase is 2.5%, if you are a regular Social Security beneficiary you can expect a 2.5% increase beginning of January 2025. In the following table, we show what a 2.5% increase would actually look like in the figure.
- Citizens aged of 62
- Current Monthly payment: $2,710
- Increase (2.5%): $2,710 x 0.025 = $67.75
- New Monthly Payment: $2,710 + $67.75 = $2,777.75
- Citizens aged of 67
- Current Monthly payment: $3,822
- Increase (2.5%): $3,822 x 0.025 = $95.55
- New Monthly Payment: $3,822 + $95.55 = $3,917.55
- Citizens aged of 70
- Current Monthly payment: $4,873
- Increase (2.5%): $4,873 x 0.025 = $121.83
- New Monthly Payment: $4,873 + $121.83 = $4,994
Apply for Social Security benefits for $4873 Payment
One can avail the benefits of $4873 Social Security benefits by following these simple steps.
Steps
Head over to SSA Website
Visit the Social Security’s official website, https://www.ssa.gov/.
Apply
Tap on Apply for benefits option.
Check application or appeal status
Enter the necessary information’s including Whom you are applying for, type of Benefits and Supplemental Security Income;
Begin the Application Process
Click on ‘Start Application’ and continue adding details including Social Security number and work history then procced to next step.
Bank Details
Input the bank account details in where you would like to receive the $4873 Social Security Payment.
Complete the Application
Once you done providing all the important details submit the application.
Further Assistance
Have any quires? contact 1-800-772-1213 for further assistance.
How can I check the $4873 Social Security Payment Status?
Visit the website of SSA and login into the ay account and check the status.
When will the $4873 Social Security Payment be distributed?
The SSA payments are set to be released on 13th, 20th and 27th November 2024.
Who will receive the $4873 Social Security Payment?
The $4873 Social Security Payment will be provided to those who are retirees, person with disabilities, and survivors.
What is the right age to receive Social Security benefits?
Persons above 62 years of age are eligible for the benefit.