Social Security Payment Schedule 2024: Important Dates (2024)

Submitted by Elizabeth on Tue, 01/16/2024 - 12:55

Now that people getting Social Security know they'll be getting more money in 2024, the next thing to figure out is when that money will actually show up. The Social Security Administration recently shared the payment schedule for 2024, and it follows the same routine as always.

In October 2023, the SSA announced a 3.2% increase in the cost of living for 2024. This means the monthly averages for each type of Social Security benefit saw an increase of 3.2% starting in January 2024.

Here’s a breakdown of exactly how much each type of Social Security benefit increased from 2023 to 2024 thanks to the 3.2% COLA:

The maximum monthly Social Security Disability Insurance (SSDI) benefit payment increased by $195 to be $3,822 for eligible individuals in 2024.
The maximum monthly Supplemental Security Income (SSI) benefit payment increased by $29 to be $943 for eligible individuals, and increased $44 to be $1,415 for eligible couples in 2024.
The average monthly survivor benefit increased by approximately $47 to be $1,505 in 2024.
The average monthly retirement benefit increased by $57.39, based on the average of $1,793.51 in September 2023.

Even though the 3.2% increase was a lot less than the 8.7% we saw for 2023, it's still higher than the 2.6% average over the past couple of decades.

Here's how the payment schedule for 2024 works, especially for those receiving Supplemental Security Income (SSI): SSI beneficiaries get two payments in March, June, September, and December. They won't get any money in January, April, July, and October. The remaining months—February, May, August, and November—will have just one payment.

Here are the important dates to remember for getting payments in 2024:

January 2024

Friday, December 29, 2023*: SSI beneficiaries get their January 2024 checks.
Wednesday, January 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, January 10: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their January 2024 payment.
Wednesday, January 17: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their January 2024 payment.
Wednesday, January 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their January 2024 payment.

*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and January 1, 2024 fell on a holiday, the SSA sent out January 2024 SSI payments on December 29, 2023.

Further Reading: Social Security Payment Schedule: Exactly When to Expect Your Checks in January 2024

February 2024

Thursday, February 1: SSI beneficiaries get their checks.
Friday, February 2: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, February 14: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their February 2024 payment.
Wednesday, February 21: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their February 2024 payment.
Wednesday, February 28: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their February 2024 payment.

Further Reading: Social Security Payment Schedule: Exactly When to Expect Your Checks in February 2024

March 2024

Friday, March 1: Both SSI beneficiaries as well as Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, March 13: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their March 2024 payment.
Wednesday, March 20: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their March 2024 payment.
Wednesday, March 27: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their March 2024 payment.

Further Reading: Social Security Payment Schedule: Exactly When to Expect Your Checks in March 2024

April 2024

Monday, April 1: SSI beneficiaries get their checks.
Wednesday, April 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, April 10: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their April 2024 payment.
Wednesday, April 17: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their April 2024 payment.
Wednesday, April 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their April 2024 payment.

Further Reading: Social Security Payment Schedule: Exactly When to Expect Your Checks in April 2024

May 2024

Wednesday, May 1: SSI beneficiaries get their checks.
Friday, May 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, May 8: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their May 2024 payment.
Wednesday, May 15: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their May 2024 payment.
Wednesday, May 22: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their May 2024 payment.

June 2024

Friday, May 31*: SSI beneficiaries get their June 2024 checks.
Monday, June 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, June 12: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their June 2024 payment.
Tuesday, June 18: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their June 2024 payment. These payments are sent on a Tuesday because Wednesday, June 19, 2024 is the Juneteenth holiday.
Wednesday, June 26: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their June 2024 payment.

*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and June 1, 2024 falls on a Saturday, the SSA will send out June 2024 SSI payments on the closest business day to June 1st which is Friday, May 31, 2024.

July 2024

Monday, July 1: SSI beneficiaries get their checks.
Wednesday, July 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, July 10: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their July 2024 payment.
Wednesday, July 17: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their July 2024 payment.
Wednesday, July 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their July 2024 payment.

August 2024

Thursday, August 1: SSI beneficiaries get their checks.
Friday, August 2: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, August 14: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their August 2024 payment.
Wednesday, August 21: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their August 2024 payment.
Wednesday, August 28: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their August 2024 payment.

September 2024

Friday, August 30*: SSI beneficiaries get their checks.
Tuesday, September 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, September 11: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their September 2024 payment.
Wednesday, September 18: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their September 2024 payment.
Wednesday, September 25: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their September 2024 payment.

*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and September 1, 2024 falls on a Sunday, the SSA will send out September 2024 SSI payments on the closest business day to September 1st which is Friday, August 30, 2024.

October 2024

Tuesday, October 1: SSI beneficiaries get their checks.
Thursday, October 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, October 9: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their October 2024 payment.
Wednesday, October 16: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their October 2024 payment.
Wednesday, October 23: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their October 2024 payment.

November 2024

Friday, November 1: SSI beneficiaries as well as Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, November 13: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their November 2024 payment.
Wednesday, November 20: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their November 2024 payment.
Wednesday, November 27: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their November 2024 payment.

December 2024

Friday, November 29*: SSI beneficiaries get their November 2024 checks.
Tuesday, December 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
Wednesday, December 11: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their December 2024 payment.
Wednesday, December 18: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their December 2024 payment.
Tuesday, December 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their December 2024 payment.
Tuesday, December 31**: SSI beneficiaries will get their January 2025 checks.

*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and December 1, 2024 falls on a Sunday, the SSA will send out December 2024 SSI payments on the closest business day to December 1st which is Friday, November 29, 2024.

**Note: Since SSI checks are sent out by the SSA on the 1st of every month, and January 1, 2025 falls on a holiday, the SSA will send out January 2025 SSI payments on Tuesday, December 31, 2024.

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FAQs

Social Security Payment Schedule 2024: Important Dates? ›

You must have worked and paid Social Security taxes in five of the last 10 years. If you also get a pension from a job where you didn't pay Social Security taxes (e.g., a civil service or teacher's pension), your Social Security benefit might be reduced.

See Details ›

What is the new Social Security payment schedule? ›

RSDI (Retirement, Survivors and Disability) also referred to as SSA Benefits

Day of Birth	Assigned Payment Day
1^st – 10^th	Second Wednesday of the month
11^th – 20^th	Third Wednesday of the month
21^st – 31^st	Fourth Wednesday of the month

View Details ›

What is the 5 year rule for Social Security? ›

Read The Full Story ›

At what age do you get 100% of your Social Security benefits? ›

Full retirement age

If you were born in 1957 or earlier, you're already eligible for your full Social Security benefit. The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually if you were born from 1955 to 1960 until it reaches 67.

Get More Info Here ›

Why are Social Security recipients getting an extra check? ›

It's all because of a quirk in the Social Security Administration's payment schedule. A few times a year, two Supplemental Security Income (SSI) checks will go out in a month instead of the usual one. May happens to be the first of three double-payment months of 2024.

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What date will Social Security be deposited in 2024? ›

Social Security Insurance Payment Schedule 2024

	Second Wednesday	Third Wednesday
June	June 12, 2024	June 18, 2024
July	July 10, 2024	July 17, 2024
August	August 14, 2024	August 21, 2024
September	September 11, 2024	September 18, 2024

8 more rows

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At what age is Social Security no longer taxed? ›

Yes, Social Security is taxed federally after the age of 70. If you get a Social Security check, it will always be part of your taxable income, regardless of your age. There is some variation at the state level, though, so make sure to check the laws for the state where you live.

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At what age do you stop paying into Social Security? ›

The Bottom Line. When do you stop paying Social Security tax? The answer is almost always "never" as long as you're employed but there are exceptions. Consider consulting with a tax professional if you think any of these situations or exceptions might apply to you.

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At what age does Social Security break even? ›

The break-even point represents when the cumulative benefits even out. So if you wait until age 70 to start taking benefits, it would take you until age 79 to break even with the benefit amount you'd receive if you started taking them at age 62.

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What age does Social Security cut off? ›

You can start your retirement benefit at any point from age 62 up until age 70. Your benefit will be higher the longer you delay your start date. This adjustment is usually permanent. It sets the base for the benefits you'll get for the rest of your life.

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How do you get the $16728 Social Security bonus? ›

Have you heard about the Social Security $16,728 yearly bonus? There's really no “bonus” that retirees can collect. The Social Security Administration (SSA) uses a specific formula based on your lifetime earnings to determine your benefit amount.

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When a husband dies, does the wife get his Social Security? ›

A surviving spouse, surviving divorced spouse, unmarried child, or dependent parent may be eligible for monthly survivor benefits based on the deceased worker's earnings. In addition, a one-time lump sum death payment of $255 can be made to a qualifying spouse or child if they meet certain requirements.

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Is it better to collect Social Security at 62 or 67? ›

You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits when you reach your full retirement age. If you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase.

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Can I get a tax refund if my only income is Social Security? ›

You would not be required to file a tax return. But you might want to file a return, because even though you are not required to pay taxes on your Social Security, you may be able to get a refund of any money withheld from your paycheck for taxes.

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Who is eligible for $134 day April 2024? ›

Specific Requirements for $134/Day Social Security Eligibility 2024. Lawful Residency: Must be a permanent resident of the USA. Age Requirement: Minimum age of 65 years. Income Threshold: Annual income below $75,000.

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What is the cola for 2024? ›

It's official: The Social Security Administration released its cost-of-living adjustment (COLA) for 2024. Beginning in January 2024, Social Security recipients will see a 3.2% increase in their monthly payments to help offset inflation.

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How much is Social Security going to pay in January 2024? ›

The latest such increase, 3.2 percent, becomes effective January 2024. The monthly maximum Federal amounts for 2024 are $943 for an eligible individual, $1,415 for an eligible individual with an eligible spouse, and $472 for an essential person.

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Why did I get two Social Security checks this month? ›

If the first of the month is on a weekend. Since August 1 is on a Tuesday this year, your check will go out on schedule. But September 1 is on a Sunday, so the SSI recipients will receive their payments for that month on August 30. This will happen in November, too.