Every month, the Social Security Administration (SSA) distributes five rounds of payments to over 71 million individuals, including retired workers, survivors, people with disabilities, and those enrolled in the Supplemental Security Income (SSI) program.
However, the SSA has announced a slight adjustment to next month’s payment schedule: SSI recipients will not receive their regular payments on the first day of the month. Instead, this payment has been rescheduled to the preceding business day, Friday, August 30th. Beneficiaries will not be disadvantaged, as they will receive their September benefits in August.
Only SSI program participants will receive these additional payments in August. This includes low-income seniors over 65, disabled adults, and children filing as individuals, couples, or essential persons (EP). The adjustment ensures beneficiaries receive their payments before the start of the next month, minimizing potential delays. This change in the payment schedule will also occur in December, with the final payment of the year being moved to December 29. The upcoming payment dates are listed below, and any questions can be directed to the official payment schedule.
- Thursday, August 1
- Friday, August 30 (for September)
- Tuesday, October 1
- Friday, November 1
- Friday, November 29 (for December)
Monthly Payments from the Social Security Administration
Millions of Americans depend on Social Security benefits after years of work and contributions. These payments are distributed to a wide range of beneficiaries, including retirees, spouses, and others recognized as essential by the SSA. However, not all Social Security recipients will receive the same amount in 2024. The payment amount varies based on factors such as income and the type of claim. Individuals can earn up to $2,000, while couples can earn up to $3,000 annually. These limits are used to determine eligibility and the exact monthly benefit amount for each beneficiary.
For instance, single beneficiaries receive $943 per month, while couples receive $1,415 per month. Essential Persons (EP) may also qualify for an additional $472 per month if they meet specific SSA criteria. These benefits are intended to provide basic support for those who have contributed to the Social Security system during their working lives.
In contrast, recipients of the retirement, survivor, and disability insurance (RSDI) program receive monthly benefits ranging from $1,505 to $4,873. To qualify, individuals must meet the full retirement age, have a sufficient work history, and have made Social Security contributions. The federal agency calculates different payment amounts for beneficiaries based on these criteria, as outlined below:
| Social Security payments | Retirement benefits | Survivors benefits | Disability benefits |
| On average | $1,900 | $1,505 | $1,537 |
| Other payments | Age 62: $2,710Age 67: $3,822Age 70: $4,873 | Individual: $1,7732 Children: $3,653 | Blind recipients: $2,590Maximum payment: $3,822 |
Given the various payment amounts available, beneficiaries are advised to consult with a financial advisor or SSA expert to explore ways to maximize their monthly payments.
Can You Receive More Than One Social Security Payment Per Month?
Yes, some individuals may qualify for both Social Security Disability Insurance (SSDI) and SSI benefits. SSDI provides benefits for those with a disability who have worked and paid Social Security taxes. In contrast, SSI is based on age, income, and resource thresholds, without requiring a work history. Applicants must meet specific criteria to be eligible for both benefits. SSDI eligibility is determined by age, disability, and work history. To check eligibility for both benefits, individuals can use the Benefits Eligibility Screening Tool.
