Social Security payment dates 2024: Find More Details

When it comes to managing your life as a retiree, it goes without saying that you’ll need to keep up with the annual Social Security changes and adapt your budget accordingly. However, with so much new information, it’s easy to overlook little details, such as when benefit payments are distributed—especially since the answer isn’t always clear and differs from person to person. As a result, we’ve put together a Social Security benefits payment schedule for 2024, which you can find below.

social security payment dates 2024

Supplemental Security Income

The SSA provides a fourth type of benefit, not part of Social Security. Supplemental Security Income (SSI), funded by general tax revenues, is a needs-based program meant to assist people with limited income and resources who cannot earn enough money on their own.

Adults and children with impairments, as well as those 65 and older, are eligible for SSI benefits. The amount paid to beneficiaries is determined by federal and state rules, which consider their place of residence, who lives with them, and their other sources of income. No work credits are necessary, and those with sufficient work history may be eligible for SSI and Social Security payments.

Exceptions to the Payment Schedule

Sometimes, the default payment schedule is not followed, and Social Security benefits are paid at a different time. Current exceptions include:

  • Children or spouses receiving benefits based on someone else’s work record will be paid on the same day as the primary beneficiary.
  • Individuals who receive SSI will have their benefits paid on the first of each month.
  • Individuals whose payment date occurs on a federal holiday or weekend will be paid on the weekday immediately preceding.

What is the Social Security payment schedule for 2024?

Social Security benefits are paid on the second, third, or fourth Wednesday of each month, depending on the day of the month you were born.

  • If you were born between the 1st and the 10th, you will receive your benefits on the second Wednesday of the month.
  • If you were born between the 11th and 20th, you will receive your benefits on the third Wednesday of the month.
  • If you were born between the 21st and the 31st, you will receive your benefits on the fourth Wednesday of the month.

There are numerous rules to follow when dealing with Social Security. Even tiny errors might have a significant influence on your life after retirement. You should not be concerned about accidentally overpaying on your weekly budget because you assumed your monthly Social Security benefits had already been deposited. Consider marking the dates indicated above on your calendar.

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