Some Social Security benefit recipients will be receiving their monthly allotment today.
The Social Security Administration (SSA) provides monthly benefits to individuals over 65, those with disabilities, and surviving family members of deceased claimants. Adults and children with disabilities, as well as individuals age 65 or older, are eligible to receive Supplemental Security Income (SSI) benefits. The maximum monthly SSI payment for 2024 is $943 for an individual and $1,415 for a couple.
On Monday, July 1, SSI beneficiaries will be paid their monthly benefit by the SSA. SSI recipients are always paid on the first of any given month, unless it falls on a Friday or holiday. June payments were made on the last day of May this year for this reason.
When retirement checks are paid is dependent on a beneficiaries birthday and how long they have been claiming for. Benefits are usually paid on Wednesdays throughout the month, with those born earlier in any given month paid earlier. For example, if your birthday is on April 5, you will always be paid your retirement benefits on the second Wednesday, whereas if you were born on the 30th, your amount would be paid on the fourth Wednesday.
Retirement beneficiaries who have been receiving benefits before May 1997 will instead have their payments distributed on the third of every month.
SSI payments are made separately to retirement checks, meaning that if you claim both, you will be paid each amount on two separate days. Disabled workers and their dependents accounted for 11 percent of total benefits paid in 2023, the SSA reports.
If you don’t receive your benefit amount when expected, the SSA recommends waiting three working days before contacting them to enquire about a missing payment.
There has recently been some good news for SSI recipients after the SSA announced it would get rid of obsolete or seldom performed occupations from a list of jobs that could be used to make decisions regarding benefit applications for the Security Disability Insurance (SSDI) and SSI programs.
More than 100 jobs have been dropped from the Dictionary of Occupational Titles, which is used to determine whether a benefit applicant could find another job based on their abilities, which could result in a rejection of benefits on the basis of being determined “not disabled.”
“While the agency’s disability decision process remains sound, it continually seeks improvements to ensure its disability programs remain current and to ease the burden on customers,” the SSA said in the release. The government agency added that it “anticipates that, as a result, it will only consider the most relevant occupations when determining if someone applying for disability benefits could perform other types of work.”
