This week, millions of beneficiaries from the Supplemental Security Income (SSI) and retirement, survivor, and disability insurance (RSDI) programs will receive a new Social Security payment to cover essential expenses such as housing, groceries, healthcare, transportation, and entertainment, among others. Having enough money to cover monthly expenses is crucial for all beneficiaries, especially for seniors who rely on these payments as their only source of income or for those low-income seniors who wouldn’t have enough money to make ends meet and, in some cases, overcome poverty. If you qualify for retirement and Supplemental Security Income benefits, learn more about the upcoming two payments scheduled to be mailed this week.
More than 67 million beneficiaries receive a Social Security payment every month
Every month, the SSA delivers five rounds of payments for eligible recipients who have previously met all full retirement age, working history, Social Security contributions, and income and resource requirements. The first recipients to receive their payments are those low-income seniors and disabled people who qualify for the Supplemental Security Income (SSI) program, and then beneficiaries from the retirement, survivor, and disability insurance (RSDI) program get paid based on the date they claimed benefits and the day they were born. Next week, SSI and RSDI recipients will both receive a Social Security payment, but to understand better how the payment schedule works, please read below.
Supplemental Security Income benefits
According to the payment schedule, these beneficiaries are always paid on the first day of the month, unless it falls on a weekend or federal holiday. In that case, the SSA will reschedule that payment for the preceding business day so beneficiaries won’t be affected. Here you can find all the upcoming payment dates, including those payments scheduled in advance:
| Social Security payment date | Payment day |
| August 1st | Thursday |
| September (August 30th) | Friday |
| October 1st | Tuesday |
| November 1st | Friday |
| December (November 29th) | Friday |
Retirement benefits
To deliver retirement benefits, the Social Security Administration first divides retired workers into two groups, those who claimed benefits before May 1997 and those who claimed them afterwards. The first group of retirees will always get their Social Security payment on the third day of the month, while the second group will get their benefits on a staggered payment methodology based on the day they were born. In other words, retirees will be paid as follows:
- On the third day of the month: Retirees who claimed benefits before 1997 and meet retirement benefits requirements
- On the second Wednesday: Retirees who claimed after 1997 and were born between the 1st and the 10th of any given month
- On the third Wednesday: Retirees who claimed after 1997 and were born between the 11th and the 20th of any given month
- On the fourth Wednesday: Retirees who claimed after 1997 and were born between the 21st and the 31st of any given month
Based on this Social Security payment schedule, next week the SSA will send the last payment of the month for retirees who were born between the 21st and 31st on Wednesday, July 31st, and the next day SSI recipients will get their Social Security payment on Thursday, August 1st. It is important to note that if your monthly checks don’t arrive on the scheduled date, wait at least three mailing days before contacting the SSA’s customer service.
How much money will SSI recipients and retirees receive next week?
SSI recipients will receive $698 on average, while retirees will get up to $1,900 on average in monthly benefits next week. However, there are other payment amounts available for both beneficiaries depending on their filing category, full retirement age, working history, and Social Security contributions made. To learn more about all the approved payment amounts for this year, please read the table below:
| Social Security payments | Retirement benefits | SSI benefits |
| On average | $1,900 | $698 |
| Other payments | Age 62: $2,710
Age 67: $3,822 Age 70: $4,873 |
Individuals: $943
Couples: $1,415 Essential person: $472 |
Source: Back-to-Back Social Security Payment – SSI and Retirees Payments To Go Out This Week
