Now that people getting Social Security know they'll be getting more money in 2024, the next thing to figure out is when that money will actually show up. The Social Security Administration recently shared the payment schedule for 2024, and it follows the same routine as always.
In October 2023, the SSA announced a 3.2% increase in the cost of living for 2024. This means the monthly averages for each type of Social Security benefit saw an increase of 3.2% starting in January 2024.
Here’s a breakdown of exactly how much each type of Social Security benefit increased from 2023 to 2024 thanks to the 3.2% COLA:
- The maximum monthly Social Security Disability Insurance (SSDI) benefit payment increased by $195 to be $3,822 for eligible individuals in 2024.
- The maximum monthly Supplemental Security Income (SSI) benefit payment increased by $29 to be $943 for eligible individuals, and increased $44 to be $1,415 for eligible couples in 2024.
- The average monthly survivor benefit increased by approximately $47 to be $1,505 in 2024.
- The average monthly retirement benefit increased by $57.39, based on the average of $1,793.51 in September 2023.
Even though the 3.2% increase was a lot less than the 8.7% we saw for 2023, it's still higher than the 2.6% average over the past couple of decades.
Here's how the payment schedule for 2024 works, especially for those receiving Supplemental Security Income (SSI): SSI beneficiaries get two payments in March, June, September, and December. They won't get any money in January, April, July, and October. The remaining months—February, May, August, and November—will have just one payment.
Here are the important dates to remember for getting payments in 2024:
January 2024
- Friday, December 29, 2023*: SSI beneficiaries get their January 2024 checks.
- Wednesday, January 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, January 10: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their January 2024 payment.
- Wednesday, January 17: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their January 2024 payment.
- Wednesday, January 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their January 2024 payment.
*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and January 1, 2024 fell on a holiday, the SSA sent out January 2024 SSI payments on December 29, 2023.
February 2024
- Thursday, February 1: SSI beneficiaries get their checks.
- Friday, February 2: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, February 14: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their February 2024 payment.
- Wednesday, February 21: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their February 2024 payment.
- Wednesday, February 28: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their February 2024 payment.
March 2024
- Friday, March 1: Both SSI beneficiaries as well as Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, March 13: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their March 2024 payment.
- Wednesday, March 20: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their March 2024 payment.
- Wednesday, March 27: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their March 2024 payment.
April 2024
- Monday, April 1: SSI beneficiaries get their checks.
- Wednesday, April 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, April 10: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their April 2024 payment.
- Wednesday, April 17: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their April 2024 payment.
- Wednesday, April 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their April 2024 payment.
May 2024
- Wednesday, May 1: SSI beneficiaries get their checks.
- Friday, May 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, May 8: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their May 2024 payment.
- Wednesday, May 15: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their May 2024 payment.
- Wednesday, May 22: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their May 2024 payment.
June 2024
- Friday, May 31*: SSI beneficiaries get their June 2024 checks.
- Monday, June 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, June 12: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their June 2024 payment.
- Tuesday, June 18: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their June 2024 payment. These payments are sent on a Tuesday because Wednesday, June 19, 2024 is the Juneteenth holiday.
- Wednesday, June 26: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their June 2024 payment.
*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and June 1, 2024 falls on a Saturday, the SSA will send out June 2024 SSI payments on the closest business day to June 1st which is Friday, May 31, 2024.
July 2024
- Monday, July 1: SSI beneficiaries get their checks.
- Wednesday, July 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, July 10: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their July 2024 payment.
- Wednesday, July 17: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their July 2024 payment.
- Wednesday, July 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their July 2024 payment.
August 2024
- Thursday, August 1: SSI beneficiaries get their checks.
- Friday, August 2: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, August 14: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their August 2024 payment.
- Wednesday, August 21: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their August 2024 payment.
- Wednesday, August 28: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their August 2024 payment.
September 2024
- Friday, August 30*: SSI beneficiaries get their checks.
- Tuesday, September 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, September 11: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their September 2024 payment.
- Wednesday, September 18: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their September 2024 payment.
- Wednesday, September 25: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their September 2024 payment.
*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and September 1, 2024 falls on a Sunday, the SSA will send out September 2024 SSI payments on the closest business day to September 1st which is Friday, August 30, 2024.
October 2024
- Tuesday, October 1: SSI beneficiaries get their checks.
- Thursday, October 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, October 9: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their October 2024 payment.
- Wednesday, October 16: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their October 2024 payment.
- Wednesday, October 23: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their October 2024 payment.
November 2024
- Friday, November 1: SSI beneficiaries as well as Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, November 13: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their November 2024 payment.
- Wednesday, November 20: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their November 2024 payment.
- Wednesday, November 27: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their November 2024 payment.
December 2024
- Friday, November 29*: SSI beneficiaries get their November 2024 checks.
- Tuesday, December 3: Social Security beneficiaries who filed for benefits before May 1997 get their checks.
- Wednesday, December 11: Social Security beneficiaries whose date of birth falls between the 1st and the 10th of their birth month receive their December 2024 payment.
- Wednesday, December 18: Social Security beneficiaries whose date of birth falls between the 11th and the 20th of their birth month receive their December 2024 payment.
- Tuesday, December 24: Social Security beneficiaries whose date of birth falls between the 21st and the 31st of their birth month receive their December 2024 payment.
- Tuesday, December 31**: SSI beneficiaries will get their January 2025 checks.
*Note: Since SSI checks are sent out by the SSA on the 1st of every month, and December 1, 2024 falls on a Sunday, the SSA will send out December 2024 SSI payments on the closest business day to December 1st which is Friday, November 29, 2024.
**Note: Since SSI checks are sent out by the SSA on the 1st of every month, and January 1, 2025 falls on a holiday, the SSA will send out January 2025 SSI payments on Tuesday, December 31, 2024.
