$910 direct payment to spouses and September Social Security payment schedule

As September rolls around, it’s important to plan your budget and understand when you can expect your Social Security payments. Whether you’re receiving benefits yourself or are eligible for spousal benefits, knowing the payment schedule can help you manage your finances better. Let’s break down everything you need to know about Social Security payments for September, including how spousal benefits work and the payment schedule.

What Are Spousal Benefits?

If you’re married and your spouse receives Social Security retirement or disability benefits, you might be eligible for spousal benefits. This means you could receive a portion of your spouse’s benefits based on their earnings record. As of July 2024, the average spousal benefit is around $910 per month. Remember, this is just an average; your actual amount may be higher or lower depending on various factors.

Who Can Qualify for Spousal Benefits?

1. Age Requirement: You must be at least 62 years old.
2. Eligibility Based on Spouse’s Work Record: Your spouse must have worked long enough and paid Social Security taxes.
3. Child Consideration: If you have a qualifying child under 16 who is receiving disability benefits, this can also impact your eligibility.

September Social Security Payment Schedule

Social Security payments are issued on a set schedule each month. For September, here’s what you need to know:

• September 3:
• Social Security payments are made if you received SSI on August 30, 2024.
• If you started collecting benefits before May 1997, your payment will be on this date.
• Wednesday Payments:
• September 11: Payments for those born before the 11th of any month.
• September 18: Payments for those with birthdays from the 11th to the 20th.
• September 25: Payments for those born after the 20th.

SSI Payments

Supplemental Security Income recipients will receive their monthly payment on August 30. SSI payments are made in advance if the regular payment date falls on a weekend or holiday. This is because SSA offices and banks are closed on those days, so payments are issued early to ensure timely receipt.

How to Check Your Spousal Benefits

To find out more about your spousal benefits, you can use your “my Social Security” account. Here’s how it can help:

• Download Your Statement: Access your personalized Statement to see your eligibility and the estimated amount of benefits you can receive.
• Review Eligibility: Check if you qualify for spousal benefits or survivor benefits based on your spouse’s work record.

Average Social Security Payments

As of now, the average Social Security payment for retired workers is about $1,919 per month. For those who earn the maximum taxable amount and file at age 70, benefits can go up to $4,873 per month.

Why Are There Variations?

The variation in payments is due to several factors:

• Work History: How long and how much you worked.
• Earnings: Higher lifetime earnings can result in higher benefits.
• Filing Age: Waiting until later to file can increase your monthly benefits.

Key Takeaways for September

• Know Your Payment Dates: Make sure you’re aware of when your payment will arrive based on your birth date and whether you receive SSI.
• Check Eligibility: Review your eligibility for spousal benefits early to ensure you receive the correct amount.
• Plan Ahead: Understanding the payment schedule can help you manage your budget and avoid any surprises.

Conclusion

September’s Social Security payments are crucial for many retirees and their spouses. By knowing your payment schedule and understanding how spousal benefits work, you can better manage your finances and make the most out of your Social Security benefits. If you haven’t checked your eligibility or payment amounts recently, now is a great time to use your “my Social Security” account and review your benefits. Planning ahead ensures a smoother and more secure financial future.

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