Millions of Americans are set to receive a $967 Social Security payment in just 24 days, and many are wondering whether they qualify.
As the cost of living continues to climb, every dollar counts — and for those on fixed incomes, this upcoming deposit can provide critical support.
Here’s everything you need to know about the payment amount, eligibility criteria, and how to check when your benefits will arrive.
💵 What Is the $967 Social Security Payment?
The $967 payment represents an average monthly Social Security benefit for eligible retired workers. While not every recipient will receive exactly this amount, $967 is the estimated average benefit for individuals receiving Social Security retirement checks in 2024, according to the Social Security Administration (SSA).
This average reflects the 3.2% cost-of-living adjustment (COLA) applied in 2024, which was designed to help beneficiaries keep up with inflation.
✅ Who Is Eligible
To receive the Social Security retirement benefit — including the average $967 monthly payment — you must meet the following eligibility criteria:
- Be at least 62 years old and have filed for retirement benefits.
- Have earned at least 40 work credits (generally equivalent to 10 years of work).
- Be a U.S. citizen or lawful resident.
- Have your application for Social Security benefits approved by the SSA.
If you are receiving Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), your monthly payment may differ, but you could still receive a payment around this date.
📆 When Will the Payment Be Sent?
Social Security payments are typically distributed based on the recipient’s birth date:
- If your birthday falls on the 1st–10th, your payment arrives on the second Wednesday of the month.
- If your birthday is the 11th–20th, payment arrives on the third Wednesday.
- If your birthday is the 21st–31st, expect it on the fourth Wednesday.
Assuming 24 days from today, the likely target payment date falls within the fourth Wednesday window — Wednesday, June 5, 2024, depending on when your birthday falls and when the SSA processes your benefit.
📲 How to Check Your Payment Status
To confirm your eligibility and payment amount:
- Log in to your “my Social Security” account at www.ssa.gov/myaccount
- Review your benefit statement and upcoming payment schedule
- Contact the SSA at 1-800-772-1213 if you notice delays or discrepancies
🧾 What If You Don’t See $967?
Remember, $967 is an average. Some recipients may receive more or less based on their earnings history, the age at which they began claiming benefits, and any deductions (such as Medicare Part B premiums).
If you’ve delayed retirement beyond full retirement age (66–67), your benefit may be higher. On the other hand, if you claimed early or have fewer working years, your monthly payment may be lower.
🏁 Bottom Line
The $967 Social Security payment is set to land in bank accounts within the next 24 days. If you’re a qualifying retiree, this deposit will provide vital income support.
Now is the time to double-check your eligibility and ensure your banking and contact information are up to date with the SSA.