This month, recipients of the Social Security Disability Insurance (SSDI) program in the United States will receive their payments earlier than usual due to a modification in the regular disbursement schedule. This adjustment, while minor, has significant implications for thousands of people who rely on these funds for their daily needs.
Typically, SSDI payments are made on the third Wednesday of each month. However, this month, because that day coincides with a national holiday in June 2024, the payments will be made earlier. This change primarily affects beneficiaries in group 3, who will experience a shift in their usual payment routine.
SSDI Payment Schedule Change: When to Expect Social Security Payment
Changes in payment dates are uncommon and occur only under specific circumstances, such as coinciding with holidays. This year, the third Wednesday falls on June 19th, a day observed as a holiday, prompting authorities to move the payments up to June 18th. This adjustment directly impacts retirees who usually anticipate their checks on the regular date.
The impact of this schedule modification extends to all SSDI beneficiaries in group 3, but not everyone will receive their payment on the same day. For those whose birthdays fall between the 11th and 20th of any month and who began receiving their benefits after May 1997, the payment will be made on June 18th.
Those who do not meet these criteria will need to wait for their payment on a different date, necessitating careful attention to the updated payment calendar. The requirements for eligibility for the early payment are the same as the usual monthly criteria, but it is essential for beneficiaries to be aware of these to avoid confusion. Besides the birthdate range and benefit start date, beneficiaries must also ensure they are not dependents on someone else’s tax returns.
For those affected, it is crucial to prepare for receiving the payment a day earlier than expected. This may involve adjusting personal budgets and rescheduling automatic payments that depend on the timely arrival of the SSDI check.
Adjustments in SSDI Payment Schedule: The importance of clear communication
The Minnesota Department of Revenue, responsible for managing these payments, has emphasized the importance of informing all beneficiaries about this modification through various communication channels. Beneficiaries are encouraged to stay in touch with the department and check its website for the most current and detailed information about payments and any future changes.
This change in the SSDI payment schedule serves as a reminder of the importance of staying informed about the dates and conditions that affect federal benefits. For beneficiaries, maintaining constant communication with administrative entities and verifying their personal and payment details can help mitigate inconveniences and ensure the continuity of their fund reception.
As June 18th approaches, all beneficiaries are advised to check their accounts, confirm payment details, and make any necessary financial adjustments to accommodate this unusual but significant change in their regular payment schedule.
How do beneficiaries in group 3 differ from other SSDI recipients?
Group 3 beneficiaries have more impairments than others on SSDI. Here are the main differences:
Age: Those with 3+ impairments are usually older. About a third are over 60, while less than a quarter of others are. Only 2% of the former are 18-24, compared to 12% of the latter.
Onset of disability: Those with multiple impairments often have their first limitations in their 40s and 50s. Meanwhile, 43% of those with no impairments start before 18.
Program participation: People with no impairments receive lower SSA benefits on average. They usually get SSI-only or concurrent benefits and have been on disability for 17 years. This is five years longer than those with 3+ impairments. Also, 35% of the no impairment group got SSI as children, compared to 11% of the 3+ impairment group.
Demographics: Those with 3+ impairments are more likely to be women and have higher income. They’re also less likely to be African American or never-married.
Self-reported health: 85% of those with 3+ impairments say their health is fair or worse. This is far higher than the 36% of those with no impairments. Over half of the 3+ impairment group also reported worse health than the previous year. This is much higher than the 12% among those with no impairments.
How does the age of SSDI group 3 beneficiaries compare to other SSDI recipients?
key points about how the age of SSDI group 3 beneficiaries compares to other SSDI recipients:
Young adults under 30 make up about 9% of working-age SSI and SSDI recipients. In contrast, most SSDI beneficiaries are over 50, with over 40% being 60 or older. In 1990, about one-third of new SSD beneficiaries were between 18 and 39 years old. By 2010, this decreased to about one-quarter, likely due to baby boomers aging out. The majority of disabled-worker beneficiaries are aged 60-64, for both men and women, and convert to retirement benefits at 65-67.
Young adult beneficiaries aged 18-29 differ from older beneficiaries in many ways . Males make up 57% of this group, vs 49% of others. They’re often non-white, 37% vs 30%. Hispanic/Latino individuals comprise 16%, compared to 11% of others. They have higher rates of psychiatric conditions, 38% vs 32%. Intellectual/developmental disabilities affect 19%, vs 5% of others. Notably, 81% of them experienced disability onset before age 18, unlike 18% of older beneficiaries.
