Important Update for SSI Recipients: Payment Schedule and Potential Increases in 2024

Arnia
4 Min Read

In June, people who get Supplemental Security Income (SSI) didn’t receive a payment because they got two checks in May. But don’t worry—July payments are back on track. Plus, there might be an increase in your checks later this year. Let’s break down what SSI is, when you’ll get your payments, and why sometimes you might not get a payment on the first of the month.

What is SSI?

SSI, or Supplemental Security Income, is a program run by the Social Security Administration (SSA). It helps people who have limited income and resources. This includes people who are blind, aged 65 or older, or have a qualifying disability. Children who are blind or have disabilities can also receive SSI.

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When Will I Get My SSI Money?

Here are the dates you can expect your SSI payments via direct deposit for the rest of 2024:

  • Monday, July 1
  • Thursday, August 1
  • Friday, August 30 (for September)
  • Tuesday, October 1
  • Friday, November 1
  • Friday, November 29 (for December)

Why Would I Not Get an SSI Payment?

The SSA usually sends out SSI checks on the first of each month. However, there are a couple of exceptions:

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  • If the first of the month is a holiday.
  • If the first of the month is a weekend.

For example, in June, SSI recipients didn’t get a check because the first of the month was a Saturday. So, payments were sent out on May 31. The same thing will happen in August this year.

What If I Receive Other Social Security Benefits?

If you get other Social Security benefits, those will still come on the regular schedule. These payments usually come on Wednesdays. Here’s when you’ll get your Social Security payments in July:

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  • July 3: For people who have received Social Security since before May 1997.
  • July 10: For those with birthdays between the 1st and 10th of any month.
  • July 17: For people with birthdays between the 11th and 20th of any month.
  • July 24: For those with birthdays between the 21st and 31st of any month.

If you didn’t get an SSI check in June, don’t worry. You should be back on schedule in July. Remember, the SSA has different schedules for different types of payments. Always keep an eye on your payment dates to stay informed. This year, your SSI payments should continue as planned, and there might even be an increase in your checks later on.

1. Why didn’t I get my SSI payment in June?

You didn’t get a payment in June because SSI recipients received two checks in May. This happens when the first of the month is a weekend or a holiday.

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2. What is Supplemental Security Income (SSI)?

SSI is a program that helps people with limited income and resources, including those who are blind, aged 65 or older, or have a qualifying disability.

3. When will I receive my SSI payments for the rest of 2024?

The dates are: July 1, August 1, August 30, October 1, November 1, and November 29.

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4. Will my Social Security benefits be affected by the SSI payment schedule?

No, your Social Security benefits will still come on the regular schedule, usually on Wednesdays.

5. Is there going to be an increase in SSI payments this year?

There might be an increase in your SSI checks later this year. Stay tuned for updates from the SSA.

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By Arnia
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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.
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