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Social Security: April 2024 payment schedule for SSI recipients

  • / Updated:
  • Digital Team 

Millions of Americans receive Social Security benefits each month, marking a vital component of the nation’s largest social insurance and welfare initiative.

The payments cater to a diverse range of recipients, including retirees aged 65 and above, qualifying disabled individuals, and survivors of deceased claimants. However, the payout dates vary due to the multitude of benefit types and the substantial sums involved.

Determining the disbursement date hinges on several factors, including benefit type, date of birth, and residency status, whether in the U.S. or abroad.

Administered by the Social Security Administration (SSA), the program, also known as the Old Age, Survivors, and Disability Insurance (OASDI) program, is funded by taxes and serves as a financial safety net for those who might otherwise struggle to meet their basic needs.

Additionally, Supplemental Security Income (SSI) supplements are provided to certain eligible claimants, such as the elderly, blind, and disabled individuals with limited income and assets. These extra payments aim to bolster the financial security of retirees whose OASDI benefits may not suffice to cover essential expenses.

Regardless of the reason for claiming benefits, recipients can expect monthly payments, with the amount contingent on various factors, including past or current earnings for pensioners.

Social Security (SSI) Payment Schedule For April 2024

For recipients eager to know when their Social Security benefits will be disbursed, here are the upcoming payment dates:

  • April 1: All SSI payments will be processed on April 1, along with Social Security payments for claimants enrolled before May 1997 and those residing overseas. Recipients receiving both SSI and Social Security benefits will receive payments on April 1 and 3, respectively.
  • April 10: Recipients born between the 1st and 10th of any month.
  • April 17: Those with birthdays between the 11th and 20th of any month.
  • April 24: Recipients born between the 21st and 31st of any month.

Furthermore, Social Security benefits undergo annual adjustments based on the Cost of Living Adjustment (COLA) rule, tied to the Consumer Price Index (CPI) for urban wage earners and clerical workers. This adjustment ensures that benefit amounts keep pace with inflation, providing recipients with increased financial support each year.

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