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Social Security: These beneficiaries will receive a payment of $1,900 on October 9
Social Security beneficiaries will receive an average payment of $1,900 on October 9, depending on their date of birth. Find out if you are on the list.
For better organization when issuing monthly payments, the Social Security Administration (SSA) schedules distribution based on the recipients’ birth date.
Recipients born between the 1st and 10th receive their payment on the second Wednesday of the month. Those born between the 11th and 20th receive their payment on the third Wednesday, and those born between the 21st and 31st receive their payment on the last Wednesday.
Workers who retired before May 1997 and individuals receiving Supplemental Security Income (SSI) payments do not fall under the previous payment scheme, since the Administration sends them the money during the first days of the month, regardless of their date of birth.
Under this distribution line and the SSA estimates table, the beneficiaries who will receive an average payment of $1,900 dollars this Wednesday, October 9, are retirees born between the 1st and 10th of the month.
The rest of the October payments will be distributed as follows:
- Wednesday, 16th: Beneficiaries with date of birth between 11th and 20th
- Wednesday, 23rd: Beneficiaries with date of birth between 21st and 31st
How much money can I receive from Social Security payments?
The amount of Social Security payments varies from beneficiary to beneficiary. However, the Administration has a table of estimates to provide a broader picture for those looking to plan for retirement and get an idea of the possible amount of their payments.
By 2024, the average payment is $1,907 per month for a retired worker and $3,303 per month for retired couples filing jointly. The average amount for SSI recipients is $943 per month for individuals and $1,415 per month for couples.
It is worth mentioning that every year the amount of payments increases thanks to the Cost of Living Adjustment (COLA), a calculation that is made to equalize the amounts with the current inflation and avoid purchasing losses to the beneficiaries when the rate is high. The increase to the COLA in 2024 was 3.2%, while the adjustment for 2025 will be announced in mid-October.