This June, retired workers who claimed their benefits after May 1997 can expect two more Social Security payments, scheduled for June 18th and June 26th. Once these payments are made, the Social Security Administration (SSA) will resume payments starting on July 1st.
However, some retirees will notice they receive one less check this month compared to the previous month. Beneficiaries of the Supplemental Security Income (SSI) program, in particular, won’t receive any payments in June since the first of the month fell on a Saturday, causing the SSA to issue that payment on May 31st.
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Social Security Payments
The Social Security Administration provides monthly payments to almost 5 million low-income seniors, disabled workers, and children who qualify. These payments include a cost-of-living adjustment (COLA) to help beneficiaries cope with inflation and cover essential expenses.
Social Security also offers disability benefits through the Social Security Disability Insurance (SSDI) program for people with disabilities who have a work history and have paid Social Security taxes. Unlike SSI, SSDI does not require applicants to have a specific work history.
When Will the Next SSI Payments Arrive?
Many low-income individuals over 65 rely on monthly SSI benefits to cover basic needs like housing, healthcare, and daily expenses. After the payment on May 31st, the SSI schedule for the rest of the year is as follows:
| Month | Date | Notes |
|---|---|---|
| June | No payment | Payment was on May 31st |
| July | Monday, July 1st | |
| August | Thursday, August 1st | |
| September | Friday, August 30th | Payment for September |
| October | Tuesday, October 1st | |
| November | Friday, November 1st | |
| December | Friday, November 29th | Payment for December |
If you have questions about your Social Security payments, check the official payment schedule for this year. Eligible individuals can also use the My Social Security Account to review details about their benefits and payment dates.
How Much Will Beneficiaries Receive?
Under SSI guidelines, the payment amounts for eligible beneficiaries in 2024 are as follows:
- Individuals: $943 per month
- Couples: $1,415 per month
- Essential Person (EP): An additional $472 per month
The SSA determines your monthly SSI payment based on your income and resources, which should not exceed $2,000 for singles and $3,000 for couples. For those qualifying for the essential person (EP) status, it’s important to review the SSA’s specific requirements to ensure eligibility for the additional payment.
Importance of SSI Payments
The SSI program supports 5 million low-income seniors, disabled individuals, and children, providing a crucial income stream for essentials like housing, food, and utilities. With an annual COLA, beneficiaries can maintain their purchasing power amid inflation. According to the Census Bureau, 62% of SSI beneficiaries are employed individuals aged 18 to 64, followed by the elderly (25%) and children (12%).
SSI payments are vital for sustaining the livelihoods of these vulnerable groups, helping them manage their day-to-day expenses and maintain a basic standard of living.
FAQs
When will the next Social Security payment be issued?
The next Social Security payments for retirees will be on June 18th and June 26th.
Why didn’t I receive an SSI payment in June?
SSI payments were issued on May 31st because June 1st fell on a Saturday.
How much can I receive from SSI as an individual?
As an individual, you can receive up to $943 per month if you meet all eligibility requirements.
What is the payment schedule for SSI in the upcoming months?
Payments will be made on July 1st, August 1st, August 30th (for September), October 1st, November 1st, and November 29th (for December).
How can I check my Social Security benefits and payment dates?
Use the My Social Security Account to review your benefits and payment schedule.