Social Security Announces Two Changes to June Benefit Payment Schedule

Photo of author

By: Richard S

Published on:

The Social Security Administration (SSA) recently announced two significant changes to the June benefit payment schedule. If you are a Social Security beneficiary, it’s essential to be aware of these changes and understand how they will affect your monthly payment dates. The SSA is responsible for distributing monthly benefits to millions of Americans through retirement, survivors, and disability insurance (RSDI) and supplemental security income (SSI) programs.

Each year, the SSA updates its benefit payment schedule to provide beneficiaries with clear information on their exact payment dates. Typically, the SSA arranges five payments every month unless a payment date falls on a weekend or holiday, in which case the schedule adjusts accordingly.

How the Benefit Payment Schedule Works

The SSA determines five rounds of payments each month to distribute all RSDI and SSI benefits. Here is the usual schedule:

  • First Day of the Month: SSI recipients receive their monthly benefits.
  • Third Day of the Month: Retirees, survivors, and disabled individuals who claimed benefits before May 1997 receive their payments.
  • Second Wednesday: Retirees, survivors, and disabled individuals born between the 1st and 10th.
  • Third Wednesday: Retirees, survivors, and disabled individuals born between the 11th and 20th.
  • Fourth Wednesday: Retirees, survivors, and disabled individuals born between the 21st and 31st.

Changes

SSI recipients will not receive a payment in June. This change is because June’s SSI payment was rescheduled to May 31st, as June 1st falls on a Saturday. Therefore, no SSI payments will be issued in June.

Early Payment for Some Retirees

Retirees born between the 11th and 20th will receive their monthly benefits on Tuesday, June 18th, instead of the usual Wednesday, June 19th. This adjustment is due to June 19th being Juneteenth, a National Independence Day.

Here are the confirmed payment dates for June:

Social Security Financial ProgramsPayment DatePayment Criteria
SSI BenefitNo paymentPayment rescheduled to May 31st.
RSDI and SSDI (before 1997)June 3rdRetirees who applied before May 1997.
RSDI and SSDI (after 1997)June 12thBirth dates 1st–10th.
June 18thBirth dates 11th–20th.
June 26thBirth dates 21st–31st.

If your payment doesn’t arrive on the scheduled date, please allow at least three mailing days before contacting the SSA’s customer service.

Benefit Payment Amounts

While monthly payments assist retirees, they may not fully replace lost income. Here are the average and maximum payments for retired workers in 2024:

  • Average Payment: $1,900
  • Age 62: $2,710
  • Age 67: $3,822
  • Age 70: $4,873

Survivor’s Benefit Payment Schedule Amounts

Survivor benefits support the family of a deceased worker. Here are the approved monthly amounts for survivors:

  • Average Payment: $1,505
  • Individual: $1,773
  • Two Children: $3,653

Schedule Amounts

SSDI benefits provide monthly payments based on pre-disability wage history. Here are the available amounts for disabled individuals:

  • Average Payment: $1,537
  • Blind Recipients: $2,590
  • Maximum Payment: $3,822

Remember to check the official SSA benefit payment schedule for 2024 if you have any doubts regarding payment dates. This information is crucial to ensure you receive your benefits on time and plan accordingly.

FAQs

Why won’t SSI recipients receive a payment in June?

June’s SSI payment was rescheduled to May 31st because June 1st falls on a Saturday.

Why are some retirees receiving their benefits early in June?

Retirees born between the 11th and 20th will receive their benefits on June 18th due to Juneteenth on June 19th.

What should I do if my payment doesn’t arrive on the scheduled date?

Wait at least three mailing days before contacting the SSA’s customer service.

How are Social Security benefits calculated?

Benefits are based on pre-disability wage history for SSDI and other factors like age and employment history for retirees.

Where can I check the official benefit payment schedule?

Visit the official SSA website for the benefit payment schedule for 2024.

Leave a Comment