According to the Social Security payment schedule, it has been confirmed that beneficiaries won’t receive more money this month. The Social Security Administration (SSA) will not send more Social Security payments until the 1st of April. The first beneficiaries to receive money in April will be the SSI recipients on the 1st of April and retirees who applied for benefits before May 1997.
Supplemental Social Security (SSI) is paid by the US Treasury’s general revenues, which are primarily derived from income, corporate, and payroll taxes. As a result, SSI recipients receive a fixed monthly payment based on their financial requirements, rather than Social Security benefits based on the beneficiary’s employment history and Social Security contributions. In contrast, retired workers, survivors, and disabled people receive benefits from all payroll tax revenues collected and retained in trust funds invested in US Treasury securities.
Why does the SSA have two different payment schedules for retirees?
The Social Security Administration (SSA) maintains two alternative payment schedules for retirees, mostly because Social Security payments were not automated before May 1997, and when the federal agency modified the system, a new payment schedule methodology was formed. As a result, retired workers who applied for benefits before May 1997 continued to receive them on the third of the month, while those who applied after that date were paid according to their date of birth.
By improving the payment schedule system, the Social Security Administration (SSA) was able to first reduce strain on the banking system, as not all beneficiaries were cashing their Social Security payments on the same day, and second, simplify the payment delivery method and increase efficiency.
Regular Social Security payment schedule
All retired workers and disabled individuals receive their Social Security payments according to the following birth date ranges:
Beneficiary’s birth date range | Social Security payment dates |
1st – 10th of birthdate | Payment on the Second Wednesday of the month |
11th – 20th of birthdate | Payment on the Third Wednesday of the month |
21st – 31st of birthdate | Payment on the Fourth Wednesday of the month |
Social Security payments confirmed for April
If Social Security payments don’t arrive on the scheduled date, please wait at least 3 mailing days before contacting the Social Security Administration (SSA). To get detailed information about the Social Security payment schedule, please visit the official SSA schedule for 2024.
Social Security Financial Programs | Arrival date | Payment date |
SSI benefits | April 1st (Monday) | Payment always falls on the first of each month. |
Retirement benefits (Retirees who applied before May 1997) | April 3rd (Wednesday) | Payment is sent on the third of each month. |
Retirement and SSDI benefits | 2nd Wednesday (April 10th)
3rd Wednesday (April 17th) 4th Wednesday (April 24th) |
Day of birth: 1st – 10th.
Day of birth: 11th – 20th. Day of birth: 21st – 31st. |
How much will Social Security beneficiaries receive in April?
Supplemental Security Income (SSI)
Individual beneficiaries can receive up to $943, couples up to $1,415, and people who live with an “essential person” can receive an additional $472 per month.
Retirement payments
As of November 2023, the average Social Security benefit for retired workers was close to $1,900. The maximum payment payable to retirees varies significantly depending on when they begin receiving benefits. If they reach full retirement age in 2024 and retire, they will receive the maximum benefit of $3,822. The maximum compensation for working adults who retire at age 62 is $2,710. However, if they want to retire at age 70, their payout will rise to $4,873.
Social Security Disability Insurance (SSDI) payments
As of 2024, SSDI recipients will have authorization to work and earn up to $1,550 per month, which reflects an increase of $80 compared to last year, without risking their eligibility for the benefits program. Regarding blind recipients, their monthly income will be $2,590, which means a $10 increase in contrast to 2023.