Few Americans can obtain the greatest Social Security retirement or SSDI payouts. People who receive SSI have a poor income and little to no resources. Therefore, average checks and direct deposits may be much closer to reality than large amounts few can qualify for. For example, as of November 2024, all SSI users will get around $698.35 in payments, according to the SSA in December.
If you are under 18 and receiving SSI payments, you can expect to get approximately $813.30 in confirmed Social Security. This is the age group with a higher average payment. Seniors aged 65 and beyond receive the smallest average SSI benefit. They receive approximately $575.85, according to the SSA. This could be because they are also receiving retirement benefits. SSI recipients aged 18 to 64 can expect to get approximately $744.73 on average.
Average Social Security payments in retirement
This December, the Agency revealed that retired workers receive an average of $1,925.46. The average payout for Old-Age and Survivors Insurance is around $1,841.35.
While the Social Security Administration claimed that retirement payouts average $1,876.95. Remember that not only can workers earn Social Security, but their children and spouses may also qualify based on their employment record.
Take, for example, the average wage for working spouses, which is approximately $908.76. Children receive a reduced average payment of approximately $894.82. But what about survivorship benefits?
Social Security and the average payments for survivors
If a worker passes away, a family member like a spouse, a child, or a parent may be eligible for monthly payment from Social Security. Here are average amounts for survivors:
- Children of deceased workers: $1,105.12 on average
- Widowed mothers and fathers: $1,286.88 on average
- Nondisabled widow(er)s: $1,786.81 on average
- Disabled widow(er)s: $927.46 on average
SSDI average payments
The average SSDI benefit is at $1,542, with the highest payment being $3,822. Spouses of workers with disabilities can receive around $421.55. If you have children with disabilities and qualify, they can collect an average of $496.04.