New Social Security Payment Schedule for July 2024

1 Min Read

The Social Security Administration has updated its payment schedule for July 2024, impacting various beneficiaries. Here’s what you need to know about the changes:

The Social Security Administration (SSA) has announced a revised payment schedule for July 2024, affecting recipients of Supplemental Security Income (SSI) and Social Security benefits. This update outlines when payments will be made and who is eligible to receive them.


Payment Schedule Overview

Supplemental Security Income (SSI)

  • Payment Date: 1st of each month
  • Eligibility: Individuals with disabilities, seniors with little to no income or resources.

Pre-1997 Retirees

  • Payment Date: 3rd of each month

Social Security Recipients

  • Payment Dates:
    • July 10th
    • July 17th
    • July 24th
  • Eligibility: Retirees over 62, individuals with disabilities, veterans, widows, and widowers.

Changes from Previous Months

In July, payments are scheduled earlier compared to June, which saw the first Social Security payment on June 12th. This adjustment aims to facilitate financial planning and benefit recipients.

The revised payment schedule by the SSA for July 2024 ensures timely disbursement of benefits to eligible individuals. Recipients are advised that direct deposit payments may encounter delays of up to 3 days, requiring prompt communication with SSA offices if issues arise.


Share This Article
By Arnia
A Certified Public Accountant specializing in personal finance and taxation. Arnia engaging writing style and deep understanding of tax codes make her articles a must-read for individuals seeking to maximize their tax savings.
Leave a comment