Keep updated because the Social Security changes slightly the payment dates from time to time. These changes are in general good for retirees because they can receive their money in advance.
When there is a holiday, like Juneteenth National Independence Day, the Social Security Administration needs to re-schedule paydays because offices will be closed on those holidays. The same thing happens with Saturdays and Sundays, there are no payments on the weekend.
New payment date for these Social Security beneficiaries
If you began receiving Social Security retirement or even Disability Insurance benefits after April 30, 1997, and your birthday is from 11-20, your next payment will be due on June 18.
Retirees who are in a similar situation but whose birthdate is from 1-10 will get their money on June 12. So, this payment will be on the second Wednesday like every June.
The payment on June 26 will also be on the fourth Wednesday. Therefore, there will be no delays and Social Security will send the June 19 payment one day in advance. If your payment is late or missing, contact your financial institution first. After three mailing days, you can call SSA.
Social Security amounts for the June payments
The average payment for all retirees in June 2024 will be about $1,915. If you do not get so much money, you may also be receiving SSI. Thus, your check may be due on June 3 instead, and SSI on May 31, rather than June 1. SSI can give retirees an average check worth $574.
High earners for many years may qualify for a monthly payment of up to $4,873. It is possible when a worker:
- works for 35 years
- jobs are covered by SSA (you pay payroll taxes)
- file at the age of 70
- earned the taxable maximum for 35 years
Some retirees may also get up to $3,822 if they meet all these requirements but file at Full Retirement Age (FRA). FRA is 67 for those born in 1960 or later.