The Social Security Administration (SSA) provides disability benefits to approximately 55 million people across the United States. Due to the upcoming Juneteenth National Independence Day, which is a federal holiday, there will be a slight change in the Social Security Disability Insurance (SSDI) payment schedule. If you qualify for SSDI, here’s what you need to know about the new payment dates.
SSDI
Social Security Disability Insurance (SSDI) is a federal program that offers monthly benefits to millions of disabled individuals who have met specific qualifications. These benefits are crucial for those who cannot work due to a disability, helping them manage their expenses. The SSDI direct payment is funded by contributions from employers to the Social Security trust fund.
Eligibility Requirements for SSDI
To qualify for SSDI benefits, individuals must have worked and paid Social Security taxes. The program also extends benefits to the dependents of disabled workers. Despite the monthly SSDI checks, many beneficiaries find that these payments do not cover all their expenses, so additional income sources are often necessary. To receive disability benefits, one must meet the Social Security definition of disability, which is an inability to engage in gainful employment due to a severe medical condition expected to last at least one year or result in death.
New SSDI Payment Dates for June
Due to the federal holiday on June 19th, SSDI payments scheduled for that date will be issued on the preceding day, Thursday, June 18th. Here is the revised payment schedule for June:
- June 3rd: Disabled individuals who claimed benefits before 1997
- June 12th: Disabled individuals born between the 1st and the 10th
- June 18th: Disabled individuals born between the 11th and the 20th
- June 26th: Disabled individuals born between the 21st and the 31st
For a detailed understanding of the payment schedule, refer to the disability benefit payment schedule for 2024.
Potential Increase in SSDI Payments
Each year, the SSA adjusts the monthly Social Security income based on the cost of living adjustment (COLA). This adjustment aims to help beneficiaries keep up with inflation. For instance, in the previous year, a 3.2% COLA increase was applied.
Projected COLA for 2025
If the 3.2% COLA increase is approved for 2025, here are the projected new SSDI payment amounts:
| SSDI Direct Payment | Payment in 2024 | Including COLA 2025 |
|---|---|---|
| On average | $1,500 | $1,548 |
| Blind recipient | $2,590 | $2,672 |
| Maximum payment | $3,822 | $3,944 |
This means that if the 3.2% increase is approved, SSDI recipients could receive up to $3,944 per month in 2025. However, this is only an assumption, and the official COLA for 2025 will be announced in October.
FAQs
Why is the SSDI payment date changing in June?
Due to the federal holiday, Juneteenth, payments scheduled for June 19th will be issued on June 18th.
How is SSDI funded?
SSDI is funded through Social Security taxes paid by employers.
What is COLA?
COLA stands for cost of living adjustment, which helps Social Security benefits keep pace with inflation.
When will the 2025 COLA be announced?
The COLA for 2025 will be announced in October.
What should SSDI recipients do if their payments are insufficient?
Recipients should consider additional income sources to supplement their SSDI benefits.