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Check for Black Friday announced: Who will be able to collect it?

2024-11-28T12:00:50+00:00
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  • Special Black Friday Check Confirmed for Retirees
  • Maximum Disbursement: $4,873 Per Month
  • SSI Beneficiaries to Receive Early Payment

As the holiday season kicks off in the United States with Thanksgiving Day and Black Friday, millions of households are abuzz with activity.

Amid the shopping frenzy, a crucial question lingers for retirees: when will their Social Security benefits arrive?

The Social Security Administration (SSA) has confirmed that scheduled payments for this week will proceed without interruptions.

This assurance is especially vital for those relying on these funds to cover expenses during a season marked by increased spending.

New Check for Black Friday

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A notable highlight this month is a special disbursement targeting a specific group of retirees.

Eligible recipients are those who applied for benefits after May 1997 and were born between the 21st and 31st of any month.

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This group will receive an additional payment, potentially exceeding $4,800.

This amount provides a financial boost to many households during a time of heightened financial pressure.

When Will Beneficiaries Receive This Payment?

The SSA has scheduled this special payment for its beneficiaries for Wednesday, November 27, 2024.

The payment schedule is carefully organized based on beneficiaries’ birth dates.

This ensures a smooth system and timely delivery for all retirees.

The most common method of receiving these payments is via direct deposit into bank accounts.

This option is fast, secure, and eliminates the need to visit an office or financial institution in person.

Additionally, many SSI beneficiaries use the Direct Express debit card, designed for efficient management of payments.

In 2024, the maximum monthly amount a retiree can receive is $4,873.

This depends on factors like lifetime contributions and retirement age.

SSI Beneficiaries to Receive an Early Payment

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It’s not just Social Security retirees who will benefit from this check—Supplemental Security Income (SSI) beneficiaries will also see financial relief.

Instead of receiving their December payment on the usual date, it will be advanced to November 29, as December 1 falls on a Sunday.

The average amount for this additional SSI payment is $943, according to Mundo Deportivo.

The holiday season, with its festivities and traditions, is often a period of increased expenses.

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