Social Security’s payment schedule variation for June 2024, check how it affect recipients

A group of retirees will not receive their Social Security payment on the same weekday as always, here is all about it so find out now

The Social Security Administration has made some changes for the 2024 payment schedule, an important one takes place in June

The Social Security Administration has made some changes for the 2024 payment schedule, an important one takes place in June

The Social Security Administration payment schedule often follows the same pattern every month. However, there can be some changes which could affect or benefit recipients in the United States

Generally, the Social Security Administration sends Supplemental Security Income on the first day of the month unless it is a federal holiday or on the weekend. If so, it is sent on the previous business day. Just like the payments on the 3rd, or the one on the second, third, or fourth Wednesday.

Variation to the June payments for those on Social Security

There will soon be an important change since some retirees will not receive money on June 19. In fact, they will receive their money on the previous business day.

Do not forget that June 19 is a federal holiday and you cannot get a payment on the weekend or on a federal holiday. This is because Social Security offices are not open on such days.

By doing so, the Administration will send checks and direct deposits 24 hours ahead of schedule. Therefore, June 18 will be the payment date for those eligible American beneficiaries.

Who qualifies for the June 18 Social Security payment?

As a matter of fact, there are 2 Social Security groups of recipients who qualify for these payments. If you do not qualify for this payment, there will be another opportunity on June 26.

SSDI recipients and retirees whose birthdays are from the 11th to the 20th will get this payment from SSA if they have been on benefits after April 30, 1997. Those who got benefits before May 1997, get their retirement or SSDI payments on July 3.

As for the maximum amounts, these retirement checks or direct deposits can be worth $4,873. SSDI can be up to $3,822. Average payments are much more frequent though. As of April 2024, the average payment for retirees is worth $1,915, and $1,537 for SSDI.

Exit mobile version