Missing out on $1,650? Check if you're on the list of ineligible disability retirees!

Aubrey Razon · Sunday at 9:51 PM

Big changes are coming to Social Security, and many are wondering if they’re eligible for a new $1,650 payment.

Some retirees could see extra cash, while others might be left out. The GrayVine is here to break down who’s in—and who’s missing out!

The $1,650 payment has been earmarked for a specific group of disability retirees, and it's crucial to understand the details to avoid any unwelcome surprises.

Let's delve into who will miss out on this payment and why.

The new $1,650 payment is not available to all groups of disability retirees. Image source: Unsplash.

Who Won't Receive the New Disability Payment?

The Social Security Administration has designated the new payment for Group 1 retirees only. These are individuals who began receiving their benefits before May 1997.

If you're not part of this group, you won't see the $1,650 in your account on November 1st.

Here's a breakdown of the groups that are excluded:

Group 2: If you started receiving benefits after May 1997 and your birthday falls between the 1st and 10th of the month, you're in this group.
Group 3: This group includes those whose benefits started after May 1997, with birthdays from the 11th to the 20th.
Group 4: If your benefits began post-May 1997 and your birthday is between the 21st and the end of the month, you're in Group 4.

These groups will not receive the new check on November 1st and must rely on their regular payment schedule.

What Will Your November Disability Check Look Like?

For those not receiving the new $1,650 payment, the regular November checks will be distributed based on the usual schedule.

The silver lining?

The 2024 COLA increase is set to boost these payments, offering some relief against inflation and potentially enhancing your monthly budget.

The COLA, or cost-of-living adjustment, is a critical update that aims to preserve the purchasing power of Social Security benefits as prices rise.

For 2024, this adjustment means that even without the new payment, disability retirees can expect a little more in their regular checks.

It's more important than ever to stay on top of your Social Security benefits.

Knowing your group, understanding the payment schedules, and keeping abreast of changes like the COLA increase can help you manage your finances more effectively.

If you're feeling overwhelmed by the details or unsure about your situation, consider reaching out to a financial advisor or the Social Security Administration.

They can provide personalized information based on your individual circumstances.

Remember, while not everyone will benefit from the new payment, staying informed and proactive about your benefits can help you make the most of what you do receive.

The new $1,650 payment is for a specific group of US disability retirees known as Group 1, who started receiving benefits before May 1997.
Disability retirees who began getting their benefits after May 1997 are not eligible for the new payment, and this includes Group 2, Group 3, and Group 4, which are categorized by birth date.
Although the new $1,650 payment is not available to these groups, they will continue to receive their regular disability checks, with the distribution based on their respective groups.
The 2024 COLA is set to provide an increase in benefits to help disability retirees maintain purchasing power in light of inflation. It is important for all beneficiaries to stay informed about the changes and their payment schedule.

Are you affected by the exclusions of the new $1,650 payment? How do you plan to adjust your budget with the upcoming COLA increase? Share your thoughts and strategies with us in the comments below.

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