The next payment scheduled for June will be on the 12th. This will be the next payday for 2 large groups of beneficiaries on Social Security retirement and SSDI benefits.
Although many retirees and SSDI recipients got their monthly payment on June 3, others will have to wait until June 26. The next three Social Security benefits will be for those on benefits after April 30, 1997.
SOCIAL SECURITY DISABILITY AND RETIREMENT BENEFITS ON JUNE 12
The Social Security Administration will send benefits on June 12 if your birthday is from 1-10 and you qualified but not before May 1997. Even if SSDI and retirement benefits are not the same, they share the paydays.
Since they all belong to the Social Security Administration, they share some features. For your information, these payments will be due on the second Wednesday, but there will be a change for those whose birthday is from 11-20.
Instead of Wednesday, June 19, Social Security will pay recipients on June 18. SSA never sends out checks or direct deposits on federal holidays. So, to avoid delays due to the fact that banks close those days, payments are sent in advance.
HOW MUCH MONEY CAN SOCIAL SECURITY BENEFICIARIES GET ON JUNE 12?
There is no exact amount and it varies from one recipient to another. Nevertheless, it is possible to know what average payments are. As of April 2024, the average retirement benefit is worth $1,915 for all retired workers.
SSDI average payments are much lower and recipients could get about $1,537. That is $378 less than the average payment for retirees. So, there is an important difference.
When it comes to maximum amounts, retirees and diasbility insurance recipients share a common amount. Retirees can get up to $3,822 at Full Retirement Age and that is the maximum benefit for SSDI too. Retirees can get up to $4,873 though.
