As September draws to a close, the final beneficiaries to get Social Security payments were retirees, survivors, and disabled adults born between the 21st and 31st, on Wednesday, September 25th.
Once October begins, the Social Security Administration will deliver a new batch of payments beginning on Tuesday, October 1st, followed by payments to beneficiaries who qualify for the retirement, survivor, and disability insurance (RSDI) program.
All recipients should be aware that the 3.2% increase from the cost of living adjustment (COLA), which will be adjusted for 2025, is already reflected in these monthly payments. Find out more about the increased benefits that beneficiaries will get in October.
New Social Security Payouts Were Announced for Beneficiaries in October
To deliver more than 70 million Social Security payments per month, the SSA developed an annual payment schedule to keep beneficiaries up to date on all scheduled dates for the four programs it manages: retirement, survivor, disability insurance, and Supplemental Security Income.
According to this payment schedule, next month’s plan will alter significantly from September’s, with one additional payment. The reason for the new payment is that September 1st fell on a weekend. As a result, all SSI recipients did not get their normal payments. As a result, the government agency postponed the monthly check until Friday, August 30th.
This will not occur in October, as the first day of the month is a Tuesday. As a result, SSI beneficiaries will get their regular payments on that day, regardless of when they applied or when they were born. Following this payment date, retirees, survivors, and handicapped Americans who claimed benefits before May 1997 will get their regular payments on Thursday, October 3.
Finally, the federal agency has set up three more mailing dates for RSDI program participants who applied for benefits after May 1997. To learn more about how the Social Security payment schedule works, please read the following:
| Social Security Payments | Day of the Month |
Confirmed Payment Date
|
| Americans who receive SSI benefits | October 1st (Tuesday) | |
| Americans who claimed RSDI benefits before May 1997 | October 3rd (Thursday) |
Beneficiaries are always paid on the third day of the month unless it falls on a weekend
|
| Americans who claimed RSDI benefits after May 1997 | 2nd Wednesday | October 9th |
| 3rd Wednesday | October 16th | |
| 4th Wednesday | October 23rd | |
|
Beneficiary’s birth date: 1st–10th
|
October 9th | |
|
Beneficiary’s birth date: 11th–20th
|
October 16th | |
|
Beneficiary’s birth date: 21st–31st
|
October 23rd |
Consider that you may always acquire more information about your monthly payments by visiting My Social Security Account. You may be able to obtain further information about your financial accounts and other Social Security-related actions.
How Much Money Will Social Security Pay Out to Beneficiaries Next Month?
According to current SSA regulations, beneficiaries of the Supplemental Security Income (SSI) and Retirement, Survivors, and Disability Insurance (RSDI) programs receive the following Social Security payments:
| Type of Benefits | Average Payment |
Additional Payments
|
| Retirement Benefits | $1,900 | Age 62: $2,710 |
| Age 67: $3,822 | ||
| Age 70: $4,873 | ||
| Survivors Benefits | $1,505 | Individual: $1,773 |
| 2 Children: $3,653 | ||
| Disability Benefits | $1,537 |
Blind recipients: $2,590
|
|
Maximum payment: $3,822
|
||
| SSI Benefits | $698 | Individuals: $943 |
| Couples: $1,415 | ||
|
Essential person: $472
|
The Social Security Administration calculates different payment amounts based on each beneficiary’s circumstances. They also consider a variety of factors, including the beneficiary’s full retirement age (FRA), work history and credits earned, and Social Security taxes paid over the previous 35 years or at least 10 years for retirement benefits.
In addition, they will evaluate your monthly income and resources for Supplemental Security Income (SSI), as well as the type of disability and Social Security taxes for the Social Security Disability Insurance (SSDI) program.