The Social Security Administration (SSA) has declared a delay in Social Security payments until April, affecting certain beneficiaries who won’t receive their $1,900 monthly benefits on April 1st. Only Supplemental Security Income (SSI) recipients are slated to receive payments on that date, according to the Social Security payment schedule.
Individuals born between the 1st and the 10th of the month or retired workers who claimed benefits before May 1997 can expect their payments until April 10th or the third day of the month, respectively.
Understanding your Social Security payments
Understanding the intricacies of Social Security payments is crucial for recipients to effectively plan their finances. The SSA manages various programs including Old Age, Survivors, and Disability Insurance (OASDI) and Supplemental Security Income (SSI), which cater to retired workers, survivors, and disabled individuals.
How Social Security payment schedule is determined
Payment dates are determined by birthdates and specific program regulations. Social Security payments typically occur on the second, third, or fourth Wednesday of each month for OASDI recipients, while SSI beneficiaries usually receive payments on the 1st, except on weekends or federal holidays. Retired workers who filed claims before May 1997 receive benefits on the third of each month.
In April, Social Security beneficiaries can expect payments on the following dates:
- April 1st: SSI benefits
- April 3rd: Retirement benefits for retirees who applied before May 1997
- April 10th: Retirement and SSDI benefits for individuals born between the 1st and 10th
The Social Security Administration has advised recipients to wait at least three mailing days before contacting them if payments are delayed. Detailed payment schedules for the year can be found on the SSA’s website.
Monthly payment amounts vary depending on the program and individual circumstances, with SSI benefits ranging from $943 for individuals to $1,415 for couples….
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