Some Social Security recipients are receiving their monthly benefits today.
The Social Security Administration (SSA) provides monthly benefits to individuals age 65 or older, disabled individuals, and survivors of deceased claimants. Disabled adults and children and individuals age 65 or older are eligible to receive Supplemental Security Income (SSI) benefits. The maximum monthly SSI payment for 2024 is $943 for individuals and $1,415 for couples.
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On Monday, July 1, SSI recipients will receive their monthly benefits from the SSA. Payments to SSI recipients are made on the first of each month unless that day is a Friday or a holiday. That’s why this year’s June payments were made at the end of May.
The timing of your severance payout depends on your birthday and the length of time you’ve been receiving your benefits. Benefits are generally paid every Wednesday throughout the month, but are paid earlier for people born earlier in the month. For example, if your birthday is April 5th, your severance payout will always be paid on the second Wednesday, but if your birthday is the 30th, it will be paid on the fourth Wednesday.
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Stock image of a Social Security card and US dollar bills. SSI recipients usually receive their payments on the first of each month.
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Retired beneficiaries who received benefits before May 1997 will have their benefits paid on the third day of each month.
SSI payments are made separately from retirement checks, so if you claim both, you’ll receive one payment for each over two days. Disabled workers and their dependents accounted for 11% of benefits paid in 2023, according to a SSA report.
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If your benefits aren’t paid on time, the SSA recommends waiting three business days before inquiring about the missed payment.
There was good news for SSI recipients recently, as the SSA announced that it would be removing outdated and rarely performed occupations from the list of occupations that can be used to make decisions about applications for benefits under the Social Security Disability Insurance (SSDI) and SSI programs.
More than 100 occupations have been removed from the Occupational Dictionary, which is used to determine whether benefit applicants can find alternative work based on their abilities, potentially resulting in them being deemed “not disabled” and therefore denied benefits.
“While our disability determination process remains robust, we are continually making improvements to ensure our disability programs remain current and reduce burdens on our clients,” the Department of Social Services said in a statement. “As a result, we expect that we will only consider the most relevant occupations when determining whether someone applying for disability benefits can do other types of work,” the department added.
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Newsweek is committed to challenging conventional wisdom, seeking common ground and finding connections.
