Social Security Payment Schedule: Exactly When To Expect Your Checks In June 2024 | Old North State Wealth News
Connect with us

Taxes and More

Social Security Payment Schedule: Exactly When to Expect Your Checks in June 2024

Published

on

If you are wondering when you will receive your June 2024 Social Security payment, this guide will help you understand how the Social Security payment schedule for 2024 works as well as when you can expect to receive your money.

Understanding how the Social Security Administration (SSA) sends out Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), and other benefit payments is important because it allows you to appropriately budget your money as well as plan out paying your bills for the month. Because, in order to be able to pay bills on time, keep food in the house, and pay the mortgage or rent on time, one must know when their money should be arriving.

There are a lot of different sources available that describe how the Social Security Administration disburses payments. We’ve gathered that information into one handy guide here that you can use to find out when you will get your 2024 June Social Security payment. So, keep reading to access this critical information you won’t want to miss!

Exactly When to Expect Your Social Security Benefit Checks in June 2024

The Social Security Administration oversees the distribution of many different types of benefits including SSI, SSDI, retirement benefits, survivor benefits, and dependent benefits. To streamline the process of paying out those benefits, the SSA uses a distribution system based on the birth date of the benefit’s recipient.

The Social Security payment schedule 2024 pays out most benefits on Wednesdays, except for SSI. SSI payments are sent on a different schedule than other types of benefits.

SSI Payments

Most SSI payments are sent on the 1st of the month—regardless of what day that falls on, unless the first of the month falls on a weekend or holiday. When that happens, SSI payments are deposited on the Friday before the first day of the upcoming month. The June 2024 SSI payment will be sent on Friday, May 31st because June 1st is a Saturday.

If you are signed up for direct deposit of your SSI benefit, or you have the SSA’s Direct Express® card, your benefit money should be available on Friday, May 31, 2024.

SSDI Payments

People who receive SSDI, retirement benefits, or any other type of Social Security benefits will get their 2024 benefits according to this schedule:

  • If your birthday occurs between the 1st and the 10th of your birth month, you should receive your benefit payment from the SSA on the second Wednesday in June (Wednesday, June 12, 2024).
  • If your birthday is between the 11th and the 20th of your birth month, you would typically be receiving your payment from the SSA on the third Wednesday of the month, but since Juneteenth falls on the third Wednesday of June this year, you will get your benefit payment on Tuesday, June 18, 2024.
  • If your birthday is between the 21st and the 31st of your birth month, you should get your benefit payment from the SSA on the fourth Wednesday in June (Wednesday, June 26, 2024).

If you have questions about what Wednesday your benefits should arrive, you can always log into your mySocialSecurity account on the Social Security Administration’s website to check your specific 2024 Social Security payment date for each month.

June Social Security Payment Dates for 2024

If you are wondering when your June 2024 Social Security payment will be sent, this schedule should help you figure it out.

May 31st (SSI Payments): The SSA will send out your SSI Social Security payment for June l, 2024 on Friday, May 31st (because June 1st falls on a Saturday this year).

However, if you meet one of the following criteria, you should get your June 2024 SSI benefit payment on Monday, June 3rd:

  • You reside outside the United States.
  • You get SSI benefits as well as other Social Security benefits concurrently.
  • Your Medicare premiums are covered (i.e. paid for) by your state.
  • You filed (a.k.a. applied) for the Social Security benefits you’re receiving prior to 1997.

Anyone who receives a type of benefit other than SSI will receive their June 2024 benefit payment on the dates listed below:

June 12th: If your birthday occurs between the 1st of your birth month and the 10th of your birth month, you should get your June 2024 Social Security payment on the second Wednesday of June which is Wednesday, June 12th.

June 18th: If your birthday occurs between the 11th and the 20th of your birth month, you should get your June 2024 Social Security payment on Tuesday, June 18th. Please note that this is different from the usual schedule of benefit payments being paid on Wednesdays because Wednesday, June 19, 2024, is the Juneteenth holiday this year. As such, Social Security benefit payments will be sent out a day early on Tuesday, June 18th.

June 26th: If your birthday is either on or after the 21st of your birth month, you should get your June 2024 Social Security payment on the fourth Wednesday of June which is Wednesday, June 26th.

If you receive SSI, you might end up receiving two payments in May 2024 instead of receiving a payment in June. Once again this is because June 1st falls on a Saturday this year. And, when the first of the month falls on a Saturday, the SSA deposits SSI benefit money into recipients’ accounts on the last day of the previous month.

Factors that likely will affect Social Security benefit payment dates for June 2024.

So, if you are receiving SSI, you will receive two payments in May but none in June.

If your birth date is between the 11th and 20th of your birth month, you should receive your Social Security benefit payment on the third Wednesday of the month. However, in June you will receive your benefit money on Tuesday, June 18th instead of Wednesday, June 19th because June 19th is the Juneteenth holiday.

If you are searching for information about Social Security benefits, Social Security 2024 payment schedules, how much Social Security benefits pay in 2024, or other information about Social Security benefits, there are a lot of resources online that can help you find the information you need.

The best place to get reliable information about Social Security benefits is directly from the Social Security Administration’s website. You can also get information from respected financial websites like:

That being said, it’s important to remember that, whenever you are looking at sources other than the Social Security Administration, you should take some time to verify the information and make sure it’s correct before blindly taking their word for it. You can always verify the information you’re reading by checking it against the SSA’s published content.

Anyone who receives any type of benefit from the SSA should take the time to learn about the Social Security Administration’s payment schedule so that they will know when to expect their benefit money to arrive.

Understanding the 2024 Social Security payment schedule will make it easier for you to budget your money, maintain good credit by paying your bills on time, and avoid the stress of running out of money, groceries, and other necessities halfway through the month.

If you are working on applying for Social Security disability benefits, or if your application was recently denied and you need help with your appeal, working with a disability lawyer can help you get the benefits you need.

According to data released by the SSA, nearly 2/3 of people are denied Social Security benefits on their first try. However, based on that same data, the SSA noted how working with a disability attorney or advocate can dramatically increase the chances that your claim will be approved. As such, the SSA strongly recommends Social Security applicants work with a disability lawyer before filing their claim. To get connected and speak with a disability lawyer who can help you today (all at zero cost to you), fill out our Free Case Evaluation form on this page right now.

Read the full article here

Advertisement

Trending

Copyright © 2022 ONSWM News. Content posted on the Old North State Wealth News page was developed and produced by a third party news aggregation service. Old North State Wealth Management is not affiliated with the news aggregation service. The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date the articles were published. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed.