The Social Security payment schedule for May and June includes specific dates for receiving Supplemental Security Income (SSI), retirement benefits, and Social Security Disability Insurance (SSDI). Understanding these dates is crucial for planning your finances and ensuring you receive your payments on time.
Table of Contents
- 1 May Payment Schedule
- 2 Early June Payment Schedule
- 3 Mid-June Payment Schedule
- 4 Late June Payment Schedule
- 4.1 June 26, 2024
- 4.2 FAQs
- 4.3 When will SSI payments be issued in May 2024?
- 4.4 Who qualifies for the June 3, 2024 payment?
- 4.5 What are the average Social Security payments for retirees and SSDI recipients?
- 4.6 When will mid-June Social Security payments be issued?
- 4.7 What is the final payment date for June 2024?
May Payment Schedule
For May 2024, the only payment scheduled is for SSI, which will be issued on May 31. This means if you are an SSI recipient, you will receive your monthly payment a day earlier than usual, as there will be no payments on June 1.
Early June Payment Schedule
The first Social Security payment in June is scheduled for June 3. This date is important for:
- SSI and Social Security Recipients: If you qualify for both SSI and Social Security benefits (either SSDI or retirement), you will receive your payment on June 3.
- Pre-May 1997 Beneficiaries: If you started receiving Social Security benefits before May 1997, you are also eligible for this payment.
Payment Amounts
- Average Retirement Payment: $1,915
- Average SSDI Payment: $1,537
Mid-June Payment Schedule
The next payment date is June 12. This applies to beneficiaries who began receiving Social Security benefits after April 30, 1997, and whose birth dates fall between the 1st and the 10th of any month.
Late June Payment Schedule
If your birth date falls between the 11th and the 20th, you will receive your payment on June 18. This date would typically be the third Wednesday of the month, but due to a holiday on June 19, the payment is scheduled for June 18 instead.
June 26, 2024
The final payment date for June is June 26. This is for beneficiaries whose birth dates fall between the 21st and the 31st and who did not start receiving benefits before May 1997.
Maximum Payments
- Maximum SSDI Payment: $3,822
- Maximum Retirement Payment: $4,873
Knowing the exact dates for your Social Security payments helps you manage your budget effectively. If you’re receiving SSI, retirement, or SSDI benefits, mark these dates on your calendar to ensure you don’t miss your payments. Whether you’re an early, mid, or late-month recipient, staying informed will help you better plan your financial activities.
FAQs
When will SSI payments be issued in May 2024?
SSI payments will be issued on May 31, 2024.
Who qualifies for the June 3, 2024 payment?
SSI and Social Security recipients who receive both benefits, and those who started receiving Social Security before May 1997, qualify for the June 3 payment.
What are the average Social Security payments for retirees and SSDI recipients?
The average retirement payment is $1,915, and the average SSDI payment is $1,537.
When will mid-June Social Security payments be issued?
Mid-June payments will be issued on June 12, 2024, for those with birth dates from 1-10.
What is the final payment date for June 2024?
The final payment date is June 26, 2024, for beneficiaries with birth dates from 21-31 who did not start receiving benefits before May 1997.