Seniors aged 65 can qualify for different monthly payments in the United States. For example, they can receive Social Security retirement benefits and Supplemental Security Income (SSI).
The next payment that 65-year-olds could receive will be on August 30, 2024. Therefore, a new direct deposit or check could be read in less than 24 hours if you are eligible.
Which payment for 65-year-olds is due on August 30?
The Social Security Administration has scheduled the SSI payment for September on August 30. Hence, Supplemental Security Income recipients will collect their money on the 30th.
Bear in mind that SSI is a payment for seniors aged 65 or older, so, other Americans who are older than 65 may also qualify for it. Do not forget that it is a direct deposit or check for low-income recipients.
The Federal Government funds SSI. Other eligible beneficiaries under 65 are those who have a disability or are blind. But what if you do not qualify for Supplemental Security Income?
Social Security retirement benefit payment dates for 65-year-olds
Apart from Supplemental Security Income, 65-year-olds can get retirement benefits. As a matter of fact, there will be 4 different paydays. The earliest monthly check or direct deposit for retirees who are 65 years old or not will be due on September 3, 2024.
This payment is for those who started receiving Social Security retirement benefits before May 1997. That implies they have been collecting monthly checks for over 27 years. 65-year-olds may not qualify in this way.
Actually, they may receive the September 3 payment if they have a low income and also receive Supplemental Security Income benefits on August 30, 2024. The other retirement paydays for 65-year-olds and other eligible ages will take place on:
- September 11: birthday 1-10
- September 18: birth date 11-20
- September 25: born from 21-31
For your information, only those who have worked for a minimum of 10 years and paid enough payroll taxes can file for retirement benefits. Now, 65 is no longer the Full Retirement Age and it will soon be 67. Those who have not earned the necessary 40 work credits may need to apply for SSI instead.