The Social Security Administration (SSA) runs various financial assistance programs like Supplemental Social Income (SSI), Social Security Disability Insurance (SSDI) and Veterans’ Affairs (VA) benefits. The main aim of SSA behind these programs is to provide a financial support to the eligible retired seniors, people with any disability and to the widowers or survivors. The SSA distributes this social security income on the announced dates on a monthly basis. Majority of these beneficiaries rely on the social security income that is proven to be beneficial in managing their monthly expenses. The payment is directly deposited to the respective bank accounts of the recipients on a monthly basis. The citizens can pay their rents and bills along with purchasing basic household requirements like food and medical supplies such as prescribed medicines. This article will guide you through the social security June 2020 payment schedule.
Social Security June 2024 Payments
- The SSA has divided the social security payments into four different categories and announced five different dates for the payment. Your monthly aid can arrive on any date which will be based on certain factors. Factors like your birth dates and the year you have filed for your SSI and SSDI will widely affect your social security payment. As the month of May is on the verge of end, the social security beneficiaries have already received their monthly income of May 2024. The last payment of May is out on 22nd May and now the beneficiaries are waiting for the schedule of social security June 2024 payment dates. If you do not have any idea for the payment dates of June, then don’t worry, the schedule for social security of June will be of same format as it was in the previous months.
- The SSA deposits the first social security payment on the first of the month and the SSI beneficiaries who have filed for their social security before April 1997 are eligible for this payment. The second payment is out on the third of the month and the retirees with low-income, people with disability are eligible to receive this benefit. For those claimants, who have filed after the April 1997, their monthly aid will arrive based on their date of births. The SSA distributes these payments on second, third and the fourth Wednesday of every month. If your birth date falls between 1st and 10th of the month, then your payment will be out on second Wednesday of the month. Similarly, citizens with their birth dates falling between 11th and 20th along with the 21st and 31st of the month will receive their payments on third and fourth Wednesday of the month respectively.
$300 Direct Stimulus Checks 2024
$2,000+ $1,400 Double Stimulus Checks
Social Security June 2024 Payment Dates Overview
| Post name | Social Security June 2024 Payment Dates |
| Country | The USA |
| Department | Social Security Administration (SSA) |
| Category | Government aid |
| Applicable for | Eligible citizens of the Unites States |
| Payment dates | Based on birth dates |
| Official website | www.ssa.gov |
Major Changes in Social Security June Payment Dates
- As mentioned earlier, the SSA will provide the first social security payment on the first of the month and later payment will be based on your date of births. But, the month of June has two major changes in the social security payment schedule. Since the 1st June falls on Saturday, the SSI payment will be out a day before which will be on 31st May 2024.
- Apart from this, there is yet another change in the social security payment schedule of June 2024. In America, 19th June which is the third Wednesday, Juneteenth is celebrated to commemorate the emancipation of enslaved people in U.S. which was first started on 19th June 1865 in Texas. Thus, the scheduled social security payment for citizens with birth dates falling between 11th and 20th of the month will be out a day before on 18th June, 2024. The payment for the VA beneficiaries arrives on the first of the following month except in case of a holiday.
| Social Security Benefits | Payment Dates |
| For SSI beneficiaries | 31st May 2024 |
| For SSDI beneficiaries (disabled, survivors) | 3rd June 2024 |
| For VA beneficiaries | 1st July 2024 |
| Birth dates between 1st and 10th of the month | 12th June 2024 |
| Birth dates between 11th and 20th of the month | 18th June 2024 |
| Birth dates between 21st and 31st of the month | 26th June 2024 |
Eligibility Criteria to Claim the Social Security Benefits
The SSA has set a certain set of eligibilities for the social security beneficiaries. I have provided the eligibility criteria in the points listed below:
- You should be a citizen of the United States of America.
- In addition to this, you must be permanent resident of the USA.
- You must have a Social Security Number (SSA) in order to be eligible for the social security benefits.
- As per the retirement age set by the federal government, you should be 62 years old or above to be eligible.
- If you have any disability or you are a survivor, then you are also eligible.
- You need to earn at least 40 work credits (minimum 10 years of work) during your employment years before your retirement age.
- Your income must not exceed the threshold income.
How Much Social Security Income You Can Receive?
The SSA is known for making adjustments in social security income based on the COLA increase annually. Since, the COLA in 2024 is increased by 3.2%, the beneficiaries will receive an increment of 3.2% in their social security. Your monthly aid can be affected by various factors. If you choose to claim your social security at 62, then you will receive a reduced income as compared to those who started their social security at 67. You can claim a highest social security income if you file at 70 years. Take a look at the highest social security in 2024:
- Average: $1,900
- Recipients starting at 62: $2,710
- Recipients starting at 67 (FRA): $3,822
- Recipients starting at 70 (Post retirement age): $4,873
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