SSI and SSDI payments are not always due on the same paydays. Social Security re-scheduled the June 1 and June 19 payments. Therefore, some people may be surprised when they receive their next check on a different date.
The SSI payments are usually scheduled for June 1. However, June 1, 2024, falls on Saturday. That is why Social Security is sending the next SSI payment on May 31, 2024, instead of Saturday, June 1.
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Social security disability insurance payments in june
The next SSDI payment that the Administration has had to re-scheduled has been the one June 19. The SSDI payment on June 19 will be due on June 18 instead. In this case, unlike the SSI payment, it is not because it falls on the weekend.
As a matter of fact, it is simply because June 19 is a Federal holiday and Social Security closes all its offices in the United States. In case you a new to the United States, June 19 is Juneteenth National Independence Day.
Actually, these SSI and SSDI payments will be in your bank account one day in advance if eligible. However, it is important to highlight that it is not a bonus or extra payment. You are simply receiving a payment on a business day rather than on a holiday or on the weekend.
Social security paydays changes in august 2024
Apart from these payday changes in June, there will be other changes in the future. It is important to know them to plan your monthly budget carefully and not to be taken aback. Social Security has announced some changes for August too.
In this case, those on benefits before May 1997 will receive their Social Security payment on August 2 instead of August 3. Once more, the reason behind this change has to do with the fact that August 3 is Saturday.
Apart from this change, there will be 2 SSI payments in August 2024. In this case, the SSI payment for September will be sent in advance on Friday, August 30, 2024.
Factors determine the date of Social Security payments for individuals
Your Social Security payment date is chosen by your birth date and the benefit type. If you were born between the 1st and 10th, you get paid on the second Wednesday. Those born between the 11th and 20th receive it on the third Wednesday. Birthdays between the 21st and 31st mean payment on the fourth Wednesday.
Retirement, Survivors, and Disability Insurance (RSDI) benefits are based on birth date too. But, Supplemental Security Income (SSI) is paid on the 1st of each month. If the 1st is a weekend, it comes the Friday before.
Your benefit amount is also affected by the age when you start claiming. Claiming at 62 reduces it. Waiting until full retirement age (66-67) gets you the full amount. Delaying past this up to age 70 earns you more.
Your benefit is based on your 35 highest earning years. More years of work can increase your payment, up to a limit.
What tools help people understand the future schedule of Social Security payments?
They help people understand the schedule of future Social Security payments.
The SSA website (www.ssa.gov) has lots of info about Social Security benefits. It includes payment schedules. You can find details on when you will get your monthly payments. The date depends on your birthday and the type of benefit you get.
The SSA publishes a booklet called “Understanding the Benefits.” It explains the basics of Social Security retirement, disability, and survivors insurance programs. It includes information on when you’re ready to apply for benefits and what you’ll need to provide. The most recent version is from January 2024.
You can create a free “my Social Security” account on the SSA website. It lets you access more tools and info. With an account, you can:review your Social Security Statement, verify your earnings record, get benefit estimates and more.
The SSA also offers many automated telephone services. You can access them 24/7 by calling their toll-free number at 1-800-772-1213. You can get recorded information. And, you can conduct some business without speaking to a representative.
If you need to speak to someone, you can call the SSA’s National toll-free number at 1-800-772-1213 (or TTY 1-800-325-0778 if you’re deaf or hard of hearing). You can call between 8:00 a.m. and 7:00 p.m. Monday through Friday. Wait times tend to be shorter Wednesdays through Fridays and later in the month.