The Federal Government of the United States, through its Social Security system, announced that new payments are on the way for retirees and other beneficiaries such as Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), as soon as the month of June.
Some payments are as high as $4,873, but for certain beneficiaries who meet some requirements: We’ll go over them later.
Typically, the Social Security Administration (SSA) calendar begins the month by paying SSI recipients, but in the case of June, this particular group does not receive their payment. This is due to a peculiarity of the agency’s calendar: as a rule, it does not make payments on holidays or weekends. June 1st falls on a Saturday, so the SSI payment was moved up to May 31st.
Three More Rounds of Social Security Payments in June
Payments for pension and SSDI beneficiaries will be made during the second, third, and fourth Wednesday of the month. On Wednesday, June 12, beneficiaries who have a birthday between the 1st and 10th of any given month will receive their payments.
June 19 will be the payment date for those who have a birthday between the 11th and 20th of any given month, while June 26 will have their benefits paid to those who have a birthday between the 21st and 31st of any given month.
A Different Date for Beneficiaries Claiming SSI + Social Security
Another peculiarity of the SSA calendar is that people who receive both Social Security and Supplemental Security Income (SSI) at the same time have a different payment date. In that case, the SSI payment is paid to them on May 31, while Social Security will be paid on June 3. This same date setting also applies to those who receive only Social Security since before May 1997.
In the year 2024, the maximum benefit is $4,873 for those who meet three requirements. The first of these requirements is to delay claiming your benefits until the age of 70, because if you start cashing your checks too early you will notice a sharp reduction in the monthly amount for which you qualify.
The second requirement is to have accumulated enough Social Security credits (40 credits or more), although from 35 credits you are already eligible to claim payments. Finally, you must have worked for at least 35 years and have had high salaries for most of these years.
What do I do if my Social Security payment is delayed?
According to the Social Security Administration, payments are usually not late, and usually arrive on the stipulated dates. If you did not receive your payment on the expected date, the SSA suggests waiting at least 3 business days and a couple more for those who receive their payments through the mail.
Delays may also occur on behalf of the bank where you receive your payment via bank deposit, but that is outside of the SSA’s control. If there is a delay through this means, verify that your bank account is active and that it is updated in your My Social Security account.
If you still have not received your payment after three business days, you can contact the SSA:
- By phone: Call 1-800-772-1213.
- Online: You can create an account or log into your existing account on the SSA website: https://www.ssa.gov/myaccount/
- In person: You can visit your local Social Security office.
Through these means you can also report theft or loss of your benefits, your Social Security card or your web credentials.
