Only two days to collect in August 2024

individuals payments Social Supplemental Security Income

August is just around the corner and a new round of Social Security payments for over 70 million of recipients across the United States. The Administration (SSA) disburses SSI, retirement, disability (SSDI), and survivor benefits on a monthly basis.

However, not every recipient receives their payment on the same date. In 2024, approximately 68 million Americans will receive some form of Social Security benefit each month, with around one trillion and a half expected to be distributed this year, stated the Agency.

Full Schedule of August 2024 Social Security Payments

August 1

All SSI payments will be made on August 1.

August  2

Payments for Social Security benefits will be distributed on August 2 if you started receiving retirement benefits before May 1997 or you also get SSI.

August 14

If your birthday falls between the 1st and 10th of your birth month, expect your payment on Wednesday, August 14.

August 21

Claimants with birthdays between the 11th and 20th will receive their monthly amount on August 21.

August 28

If you were born between the 21st and 31st of any month, your Social Security benefits will be paid on August 28.

August 30

SSI benefits for September will be issued two days earlier on August 30, because September 1 falls on a weekend.

If you do not receive your benefits on the allocated date, please wait three mailing days before contacting the SSA.

Social Security payment arrangements

When benefits are deposited into bank accounts, from the second Wednesday of the month, depends on your date of birth and the type of benefit you collect. The majority of recipients are paid according to when their birthday falls—the later in the month your birth date is, the longer you will have to wait for your money.

There are some exceptions to this general rule:

• Individuals who have been collecting retirement benefits since before May 1997 are generally paid on the third of the month.
• Those who collect Supplemental Security Income (SSI) are regularly paid first.

This month, recipients of Supplemental Security Income (SSI) will see two payments. Typically, SSI is disbursed on the first of the month. However, because September 1 falls on a Sunday this year, the payment date has been moved up to August 30. The Social Security Administration (SSA) does not issue benefits on holidays or over the weekend.

Why the Early Payment?

“We do this to avoid putting you at a financial disadvantage and ensure that you don’t have to wait beyond the first of the month to receive your payment,” the SSA explained in a 2022 blog post. “This adjustment does not mean you are receiving a duplicate payment in the previous month, so there is no need to contact us to report the second payment.”

Important Information to Remember

• Two SSI payments will be made this month due to the weekend schedule adjustment.
• The early payment on August 30 is intended to ensure the timely receipt of funds.
• There is no need to report this as a duplicate payment.

Missed Social Security Payment? Here’s What to Do Next

If you did not receive your Social Security payment on the expected date, here are some steps you can take:

Check your payment information:

Verify that the Social Security Administration (SSA) has your correct banking information for direct deposit or your current mailing address for check payments. Ensure that you meet all eligibility requirements for the specific Social Security benefit you are expecting.

Why your payment might be late

• There are a few common reasons your Social Security payment could be late:
• You recently changed your address but didn’t update it with the Social Security Administration (SSA)
• You changed your banking information and didn’t notify the SSA of the new account details
• You recently applied for benefits and it can take a couple months for payments to start
• The Social Security office that processes your payments is experiencing delays, such as from staffing shortages
• The SSA stopped your benefits if you started working and your income exceeds the allowed limit, or if you’ve been in jail for more than 30 days

Wait a few days:

• Sometimes, payments may be delayed due to weekends, holidays, or other processing issues.
  Allow a few extra days for the payment to arrive before taking further action.Contact your bank:
• If you are expecting a direct deposit, contact your bank to confirm that they have not received the payment.
  Inquire if there are any issues with your account that could be preventing the deposit.

Check your my Social Security account:

• Log in to your online “my Social Security” account to view your payment history and verify that the payment was issued.
• If you don’t have an account, you can create one on the SSA website (www.ssa.gov).

Contact the Social Security Administration:

• If the payment is still missing after a few days and your information is correct, contact the SSA directly.
  You can call the SSA’s toll-free number at 1-800-772-1213 (TTY 1-800-325-0778) Monday through Friday, 7 a.m. to 7 p.m. local time.
• Explain your situation to a representative, and they will assist you in locating your payment or resolving any issues.

Be prepared to provide personal information:

• When contacting the SSA, have your Social Security number, date of birth, and other relevant details ready for identification purposes.
• Keep a record of the dates you contacted the SSA and the names of the representatives you spoke with for future reference.

Best practices to avoid delays

• To minimize the chances of delayed Social Security payments:
• Promptly update the SSA of any changes to your address or banking information
• Respond to any requests or notices from the SSA asking you to update your information
• Regularly check that your payments are being deposited correctly and on time each month