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Social Security Payment Schedule and Updates for October 2024

Social Security Payment Schedule and Updates for October 2024

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant announcement is expected from the Social Security Administration on October 10th, 2024?

The introduction of a new benefit program

The cost of living adjustment (COLA) for 2025

Changes to the retirement age

A new tax policy for Social Security

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If someone started receiving Social Security benefits after May 1997 and their birthday is on October 5th, when will they receive their payment?

October 3rd

October 9th

October 16th

October 23rd

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For recipients who only receive Supplemental Security Income (SSI), when is their payment scheduled in October 2024?

October 9th

October 3rd

October 16th

October 1st

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should recipients do if their Social Security payment date falls on a weekend or a federal holiday?

Expect the payment to be delayed

Receive the payment on the next business day

Receive the payment on the business day before

Contact the Social Security Administration for a new date

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to review your Social Security benefit statement regularly?

To ensure you are receiving the correct amount

To apply for additional benefits

To change your payment date

To update your personal information

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