If you are a beneficiary of the Social Security Disability Insurance (SSDI), you will know that there is still one last payment for the month of June to be made on Wednesday the 26th, for those beneficiaries who have birthdays between the 21st and the 31st of any month, a date shared by retirees who have the same birthday dates.
To get ready for the month of July, we can already review the dates established for that month. SSDI recipients will receive their payments in three rounds on the second, third, and fourth Wednesday of the month, the dates being as follows.
Three Rounds of SSDI Payments in July
- Second Wednesday (July 10th): For those born between the 1st and the 10th of the month.
- Third Wednesday (July 17th): For those born between the 11th and the 20th of the month.
- Fourth Wednesday (July 24th): For those born between the 21st and the 31st of the month.
In addition, if you receive both SSDI and Supplemental Security Income (SSI), the SSI payment will be made on July 1 and the SSDI on July 3.
The Maximum Monthly SSDI Benefit in 2024: How Much Is It?
During the 2024 fiscal year ending October 31, the maximum Social Security disability benefit for a disabled worker receiving SSDI is $3,822 per month, a figure that is expected to increase in 2025 following the cost of living adjustment (COLA), an indicator that Social Security uses so that beneficiaries do not lose purchasing power.
The fact that the maximum number is that does not mean that it is the total that you are going to receive. In fact, the average benefits are much lower: a disabled worker will receive an approximate $1,537 on average from the SSA during 2024 and the estimated average monthly benefit that will be paid to a disabled worker with a family is $2,720.
Disabled Workers With Families
In the latter case, that is, disabled workers with a dependent family receive a higher amount because family members may be eligible to receive a monthly benefit equivalent to up to 50% of what the disabled worker receives. Your relatives can be a spouse, a divorced spouse, children and/or a disabled adult child aged 22 or younger.
The total amount a disabled worker and his or her family can receive is approximately 150% to 180% of the disabled worker’s benefit. This benefit is based on the average lifetime earnings of a worker who has contributed a minimum amount of Social Security taxes. The severity of the individual’s disability does not increase or decrease the amount of money to be received.