Social Security Checks | July 2024 Payment Schedule Dates Update

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When to expect your July Social Security check. Learn about the Social Security payment schedule for July 2024, including important dates and practical financial tips. Discover how to manage your benefits, avoid scams, make the most of your payments, and be informed about key updates.
In today's update, learn about the Social Security payment schedule for July 2024, including key dates, increases, and changes for retirement, SSI, and SSDI payments. Get tips on managing your Social Security retirement and SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits. Understand how birthdays affect payment dates and the importance of direct deposit. Get tips for managing your finances online and staying informed about policy changes. Discover practical advice for budgeting, avoiding scams, and using community resources. Learn how COLA ( Cost of Living Adjustment) adjustments and Medicare Part B premiums impact your benefits. Learn how the Social Security Administration organizes the SSA payment schedule. We provide tips on how to check for the latest Social Security updates and Social Security Tax filings and what to do if your Social Security payment is delayed. This guide helps you plan your expenses and budget and maximize your Social Security benefits effectively.
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Money Instructor has been a leading resource in financial education for over two decades, empowering educators, financial advisors, students, parents, and individuals with essential topics in financial literacy. Our extensive coverage spans personal finance, money management, saving money, budgeting, investing, business fundamentals, taxes and taxation, Social Security, retirement planning, tax credits and refunds, economic stimulus checks and payments, as well as debt management-including credit card debt and interest rates. Additionally, we explore monetary policy, inflation, housing market trends, government legislation, political news, stock market dynamics, economic trends, improving credit scores, career development, housing and rent issues, and strategies for wealth building. By providing educational resources and tools, we help ensure you are well-informed and updated with the latest news and developments in these areas.
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Money Instructor does not provide tax, legal, or financial advice. This content is for educational purposes only and not meant as professional advice. Consult your own advisors for specific guidance. While the information provided has been researched and vetted, it may not reflect the most current legal or financial developments. Viewers are encouraged to verify the currency of the information, especially before making any significant financial or legal decisions.

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25 июн 2024

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@moneyinstructor 4 дня назад

Hey everyone! 😊 Just a quick reminder: this video is about social security related payments for the month. If you're looking for info on stimulus or other types of payments, you might want to check out our other videos on those topics. 👉SUBSCRIBE FOR UPDATES: www.youtube.com/@moneyinstructor?sub_confirmation=1 VIDEOS TO WATCH NEXT: Social Security Update: Easier Access and Increased Disability Benefits for SSDI and SSI ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eenqPtPfCeg.html Social Security COLA Estimate Drop: Impact on Benefits & Retirement ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-NT1g7cB8C84.html The Truth About the $600 Social Security Payment Increase ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-9T8rA8myagQ.html Is There Really Going to Be an IRS $8700 Stimulus Check? ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rChPA5RLt-c.html Increase Social Security Funds with Immigrant Contributions | Update 2024 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ip7egdEDxZ0.html Is Your Social Security Getting a Boost? COLA Update Explained! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8DzsaMJELKs.html Can You Really Live on Social Security Alone? Why Seniors Can't Make Ends Meet ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-r4DeJJOtPn4.html Big Changes to Social Security Benefits: New SNAP Rules Make It Easier to Qualify for SSI ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-DJ7GO69BpTw.html Reduced Benefits? Extended Solvency and Future Benefits | Social Security Update 2024 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-RYBkVV0znEc.html Easier to Qualify for SSDI and SSI Benefits? How New Rules Affect You ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ly-ETxEalhI.html Social Security Increase: New Plan for Bigger Checks | Boosting Benefits and COLAs for Seniors Act ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xyvDNS4i6Aw.html How the New SNAP Legislation Affects Social Security Recipients | Impact on your Benefits ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-nON7h0Yy3PY.html Social Security Update: How SSI Rental Subsidy Expansion Increases Benefits ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Y8o3hg3yTyA.html Social Security and Inflation: Update on COLA Increases ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-6_g81BmsOaQ.html Retirement Playlist ru-vid.com/group/PL8ILVzj8ksWZZPdVPGOpNpTL1d7Md5CQK

@user-vj9kp8sn4y 17 часов назад

But they should asking questions what happened to that 8 trillion dollars because that could have helped social security and Medicare if they took 2 trillion dollars of that money in to social security and Medicare and I want to know what did they do with that 8 trillion dollars and what did they do with it my opinion

@Artificialintelligentle 7 часов назад

Last month I received my SS on saturday the first of June but was scheduled on the 3rd of june. . ANy chance they will send it july 1st tomorrow since the 4th is a huge holiday. Get the money out early for americans?

@BaileyJames-zv2ddd 3 дня назад

Luckily, my spouse and I were able to pay off our mortgage early. We took the money we were spending to accelerate our mortgage repayment and invested it right away while we were both still working. We were able to retire early after accumulating what would have been our home payment for over 7 years and maxing out our 401K/403B plans. Thankfully, both of our parents taught in us the importance of living within our means

@LouisMorganxb3 3 дня назад

Investing without proper guidance can lead to mistakes and losses. I know this since I've been there myself.Seeking guidance from a professional is preferable if you're new to investing or don't have much time.

@OscarOwenn 3 дня назад

Investors can have different investing results even with the best strategy and suitable assets. Understanding how experience plays a critical part in successful investing is key. Since I was aware of this, I consulted a market analyst for advice, which helped me build my account to about a million dollars. Having strategically cashed out just prior to the market correction, I'm now taking advantage of buying opportunities once more.

@johnnyperez1969 День назад

Good for you I am glad for you guys 😊😊

@TheyStoleMyHandleAgain 13 часов назад

There are professionals and then there are professionals. @@LouisMorganxb3

@michaeldaltonsr8954 День назад

Both I, and wife, receive our SS on third Wednesday. Of course, it's GONE by second Monday of same month!! Thanks to INFLATION/HIGH GAS PRICES/CURRENT REGIME GOVERNMENT/ INSURANCE/TAXES/and banking auto-deductions!!!

@SusieSeward2024 День назад

Me too

@paulajohnson2748 4 часа назад

We too!

@ColeTurner-sr8mc 4 часа назад

I'm more fortunate than most, I broke my neck at 55 and went from workers comp. disability to Social security...somehow none of my concerns are based on money. Like I said, I'm truly blessed.

@kevinoffuttisagirl259 День назад

There’s at least 4 sometimes 5 of those 5 week Wednesdays a year…those months are really rough to get through!

@SusieSeward2024 День назад

No kidding

@angelaraum1545 2 дня назад

Seems like the dates for the 3rd doesnt make sense. My husband got it on the 3rd. Hus disability started 2011. It says 1997. My daughters SSDI-DAC gets it on the 3rd & she was proven disabled 2022. It seems like SS just enters whatever date they feel like it.

@nancyhickox2903 День назад

Yes, I’m confused now. I applied for disability in 2012-2013, remember you have to file several times. Was approved in 2013. My payments arrived on the 3rd each month using direct deposit. When I did turn 65 my payment amount increased a small amount, still arrived on the 3rd. I did set up my finances and I use the direct deductions for several of my monthly payments, obligations! By using this service I don’t worry about late fees. If my direct deposit date changes, I will not be able to pay any of my bills and will become subject to losing my lease and the place that I live. I’m confused and angry that SSI can change the payment date WITHOUT NOTIFYING ME!!!!!! I pray this does not apply to me!!!!

@ajx2619 День назад

@@nancyhickox2903yea my direct deposit said it was coming today but nothing came now it saying tmr is it the same for you?

@lzu2860 18 часов назад

You must have these errors corrected with supporting documents. I got my SSA award corrected at least 5 times already. I’m 76 and work full time so my checks must be adjusted annually. I work with older people and find that detrimental errors were made by SSA workers affecting their income.

@michaeldowdy3176 Час назад

If you get Medicade from your home state it will pay on the 3rd.

@mtnpeace2 День назад

I was first on SSDI and then it converted to SSIncome when I turned 65. I’ve been on this since 2001. This video makes no sense to me. I get it on the third of every month since turning 65. My birthday is the 12th! I don’t get it. I would check with the Social Security Administration!

@betty481 2 часа назад

I agree with you because I got my money yesterday

@SofiaF351 4 дня назад

This was super helpful in understanding the schedule. Thanks for breaking it down so clearly!

@moneyinstructor 4 дня назад

Glad it was helpful!

@becky2579 2 дня назад

Thank you so very much for the information it was very helpful for me. I wasn't told when I would receive my SSDI for July on their automated service on the phone.

@moneyinstructor 2 дня назад

Glad it helped

@msreddfoesum7487 23 часа назад

I'm happy too hear this i get both SSI AND SSDI AM THE 1st 3rd

@valeriecreech6208 20 часов назад

This would’ve been helpful for the month of May so I could plan accordingly😮

@coesterchambers2424 2 дня назад

Not If You Have Chime, Dave,Sofi,NetSpend Etc. I Have Chime And I Got My 1st Check SSI Tuesday.

@ritzvalentin2899 2 дня назад

Thank u for all your information it’s helpful for my mom

@moneyinstructor 2 дня назад

Our pleasure!

@LezliByrum День назад

Thank you for this update!

@moneyinstructor День назад

Our pleasure!

@lillianmurry7730 День назад

Hey there I just wanted to say hi to everyone and I thank you for sharing this information with us and have a blessed and safe Fourth of July 🇺🇸 to all amen 🙏

@moneyinstructor День назад

Same to you!

@jackel99 14 часов назад

I receive enough to blend in other retirement income to carry me over and enough to save. Those who can't do this partied heavily during their working years.

@paulajohnson2748 19 часов назад

They always says that they going give extra money to people who are all on social security and not do it! They are lie about it and not do it! They lied about it

@patriciapettigrew-johnson1102 3 часа назад

Not necessarily accurate....In 2016 I received SSDI & received my monthly payment on the 3thd of each month. When I reached full retirement age, 66, I was taken out of SSDI category and was under SSI Retirement... My payment date has never changed it is still the 3thd of the month ...my birth date is the 19th of the month.

@jar407 3 дня назад

i get the different dates for payments but the way it was done can make some people out of money it should have meen a date not day of the month since the weeks vary by almost week early in july then late in august for 3 wed could leave people unable to buy food or pay a bill on time

@moneyinstructor 3 дня назад

I get where you're coming from. The varying payment dates based on the day of the week can definitely cause some challenges with budgeting.

@Rooster_Crows День назад

I have NOT taken SSA yet, but I thought we get paid on a fixed day of each month? It seems based on videos like the days changes and people don't know what the next month will be like?

@sH-gh8ww 2 дня назад

When we go to the Julian calendar very soon it will only be four weeks in a month, but will be 13 months good news

@kimconley8291 5 часов назад

👍..

@alanpeachey4085 14 часов назад

Gain and a gain here we go with little or no direction whatsoever for the use of the day who inherit this system so handing out funds won’t create the positions and the huge benefits that come when a person has a meaning and an enjoyment in life with only 100 summers, if you’re lucky on this planet Regards Alan from down under where we have the UK system. It doesn’t work there for many reasons and it doesn’t work here in down under the blind leading the blind.

@torimi5310 3 дня назад

wait I can get both ssi and ssa? I was told one or the othef, so I had to take early retirement which means less over my long term oayments of ssi. 😢

@moneyinstructor 3 дня назад

It is possible to receive both SSDI and SSI under certain circumstances. However, it can be a bit complex. It would be a good idea to contact the SSA directly or speak with a benefits counselor to get personalized advice based on your specific situation. They can help you understand your eligibility and options for maximizing your benefits.

@dalesustaire3279 3 дня назад

I normally get my check on the 3rd. Will my July payment be Different ???

@moneyinstructor 3 дня назад

If you usually receive your Social Security check on the 3rd, it should arrive on time unless the 3rd falls on a weekend or holiday. For July 2024, the 3rd is a Wednesday, so you should get your payment as usual. If there are any issues, it's always good to check with the Social Security Administration for updates.

@jerrychurchill8765 День назад

I wish they came on your Birthday, so it is always comes on the same day.

@JaimeLaycock-rx7sq День назад

Happy Saturday to you , my name is Jessica

@betty481 2 часа назад

I already got my July check Friday

@moneyinstructor Час назад

Thanks for sharing!

@jamesblackstone9502 3 дня назад

❤ it thanks

@moneyinstructor 3 дня назад

Welcome 😊

@jayking33497 День назад

I understand the dates but how will it be july 1st and the 30th is Sunday the banks wont deposit it on a sunday so is it monday morning??

@ajx2619 День назад

My direct deposit said it was gonna come today but nothing came now it saying tomorrow but I never got it on the weekend

@jayking33497 День назад

@ajx2619 When I go into the login, it's shows July 1st. For me, I thought I would have it today, but I don't know what's going on. I got one payment on the weekend if it's like that then 6pm or 7pm is when it will come tomorrow

@ajx2619 День назад

@@jayking33497 I use a app called rocket money where I can track my direct deposit it usually hits at 1:30 pm but idk what going on

@jayking33497 21 час назад

@@ajx2619 did you get it yet

@agentcondor5166 День назад

I hope so I want to need buy lot things.

@terrysecret8144 4 дня назад

What is the amount

@moneyinstructor 4 дня назад

The amount of your Social Security benefit can vary based on your earnings history, the age at which you start receiving benefits, and any adjustments for cost of living (COLA). To find out your specific benefit amount, you can log into your Social Security account on the SSA website or check your annual Social Security statement.

@KarenLee-bs5ms День назад

I get Social Security disability and widow's pension..

@ajx2619 День назад

It said my direct deposit was coming today but nothing came it usually updates after I receive my payment to let me know when the next one comes but it says tmr and I never received it on a weekend I don’t even think it possible anyone know why?

@christopherrusso2496 День назад

I thought people got it today

@OuwaseunObasola День назад

It’s gonna come on July 1st

@vondacrane6762 День назад

Check it on Monday my son is getting his monday

@jayking33497 21 час назад

It cant be monday because before Monday is a Sunday and banks don't deposit on Sunday midnight @vondacrane6 they usually avoid Mondays to deposit it

@paulajohnson2748 19 часов назад

Be honest & do it !

@leannblue1836 4 часа назад

Thank God President Franklin D Roosevelt helped recreate the wonderful Social. Surcurity otherwise we all would have a horrible time living 😉

@patriciapettigrew-johnson1102 3 часа назад

I'm disabled and on full SSI as soon as I reached the age of 66....I'm 71 and still working part time to survive. I will probably pass away before I can quit working...voting smarter next election!!!

@36362 5 часов назад

They found it,,, ok,,, Taxes? Roughly, I fig 4500,,, high estimate

@MaryDurst 3 дня назад

Believe when in bank

@moneyinstructor 3 дня назад

I understand. It's tough when you're waiting for a deposit and have bills to pay.

@johnnyperez1969 День назад

Hello 😅

@draxiecoleman7358 День назад

I never got mine

@sandradavis368 3 дня назад

I don’t have medicare

@moneyinstructor 3 дня назад

If you don't have Medicare, you might want to look into other health insurance options available to you. Programs like Medicaid, state health insurance exchanges, or other local assistance programs might be helpful.

@user-bw2fn6yt1m День назад

I have been waiting for this since last year LOL WHAT DID YOU DUFFS DO TO OUR COUNTRY

@tamaradudley7398 День назад

BS...I've received my deposit on the 3rd since 2016. DON'T do anything online! Go in person to your local office because if there's a breach? It's truly the department responsibility.

@aliciagonzalez1710 3 дня назад

Tell me something new.

@moneyinstructor 3 дня назад

Sure. Check out some of our other videos such as: Easier Access and Increased Disability Benefits for SSDI and SSI ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eenqPtPfCeg.html

@user-gj2wn1eh1n 2 дня назад

Don't worry it's going to go broke soon.

@DarleneRhinehart 3 дня назад

When will my SSDI payment for June 26

@moneyinstructor 3 дня назад

Your SSDI payment for June 26 should be deposited on June 26 itself.

@user-ce5uk6pk8e 3 дня назад

@@moneyinstructor Really you expect people to believe this crap like all the others the past few months that are promising the same crap.

@DarleneRhinehart 3 дня назад

@@moneyinstructor when will my SSDI payment for June 26?

@DarleneRhinehart 3 дня назад

I didn't receive my SSDI payment for June 26

@DarleneRhinehart 3 дня назад

I didn't receive my SSDI. Payment on June 26 2024 as promised

@MollyT-zk4ch 3 дня назад

Why are you guys messing with our payments? Do you have nothing else to do? Stop looking at other peoples money. Some people live paycheck to paycheck and need their money on the first. Who stupid idea was this? I know it wasn’t a judge. Are we getting short changed a half of month?

@moneyinstructor 3 дня назад

I understand your frustration. The SSA has been adjusting payment schedules over the years to streamline the process and manage the volume of payments. The change from a single payment date to multiple dates based on birth dates was intended to improve efficiency and reduce workload spikes. You're not being shortchanged; the amount you receive remains the same, even though the payment date might vary.

@Jacqueline-np3bf 2 дня назад

I hope not, I look for check, on disability

@ruthmoats1087 2 дня назад

Leave my income along now.

@Grow.YT.Views.3432 3 дня назад

Your channel is a go-to for reliable info.

@user-pp9mk1ld7r День назад

Why is my ssi a hundred and fifty dollars cheaper than it ever has been. WTF f

@nenettewalsh9816 День назад

My retirement is not what you said hello. Wrong I’m fully retired and pay tax till the day I died . This is crap maybe for disability’s . I have both federal and ss this info for not fully retired and don’t pay tax