Written By: Anushka
This week, millions of SSI and RSDI beneficiaries will receive Social Security payments to cover essential expenses like housing and healthcare.
SSI and RSDI payments follow a monthly schedule. Low-income seniors and disabled people receive their SSI payments on the 1st of each month.
SSI payments are made on the 1st of the month unless it falls on a weekend or holiday, in which case payments are made on the preceding business day.
Retirees who claimed benefits before May 1997 are paid on the 3rd of each month, while those who claimed later are paid based on their birth date.
2nd Wednesday: Born 1-10, 3rd Wednesday: Born 11-20 and 4th Wednesday: Born 21-31.
Next week, retirees born between the 21st-31st receive payments on July 31st, and SSI recipients on August 1st.
Next week, SSI recipients will receive $698 on average, while retirees will get up to $1,900 on average.