The Social Security Administration (SSA) will distribute its third monthly check to eligible recipients on July 10, including retired employees, survivors, and those receiving disability benefits.
(Credit: Econlib)
Social Security payment on July 10: The Social Security Administration (SSA) will distribute the third check of the month on Wednesday, July 10. The SSA is still processing payments for July.
Retired employees, survivors, and individuals receiving disability benefits such as Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) are all recipients of monthly benefits from the SSA. Eligible recipients will receive their funds on July 10.
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Supplemental Security Income payments were distributed on Monday, July 1, the first day of the month, as the payment schedule shows.
Those who started collecting their retirement benefits before May 1997 received payments from the agency on Wednesday, July 3. Beneficiaries born between July 1st and July 10th will get checks on July 10th.
The Social Security Administration reports that the cost-of-living adjustment has increased the average monthly benefit for retired workers to $1,900 this year.
Recipients will receive their payments on the third and fourth Wednesdays of the month, depending on their day of birth.
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To stay informed about when to expect payments throughout the year, you can refer to the detailed Social Security payment schedule for the entire year 2024.
Beneficiaries who have given the Social Security Administration access to their bank account information will receive their payments by direct deposit; otherwise, they will receive a paper check in the mail, which takes longer to arrive. To account for postal delays, the SSA advises that you wait three extra days before contacting the agency if your money is not received by the specified date.
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