SSI Payment Schedule October: When will you get your Social Security payment next month?
According to Marca, With October just around the corner, millions of Americans are eager to find out when their next Social Security payment will arrive. If you receive Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), knowing your deposit date is essential.
October 2024 Payment Schedule
The specific payment date varies based on factors such as your birth date and when you began receiving benefits. The Social Security Administration (SSA) has a clear schedule for disbursing payments each month. Here’s what to expect for SSI and SSDI in October:
SSI Payment Date
- October 1: Deposits will be made for SSI recipients.
SSDI Payment Schedule
- October 3: If you have been receiving Social Security benefits before May 1997.
- October 9: If your birth date falls between the 1st and 10th of the month.
- October 16: If your birth date is between the 11th and 20th of the month.
- October 23: If your birth date is between the 21st and 31st of the month.
Most SSDI recipients receive payments based on their birth date, with disbursements starting on the second Wednesday of the month. However, if you’ve been receiving Social Security benefits since before May 1997 or are receiving both Social Security and SSI, your payment will be sent on the 3rd of each month.
If your payment hasn’t arrived by the expected date, the SSA advises waiting an additional three mailing days before taking further action. After that, you can reach out to the SSA’s toll-free number at 1-800-772-1213. For faster service, it’s recommended to call in the morning or later in the week when wait times tend to be shorter. If you encounter difficulties reaching the national line, consider using the SSA’s online office locator to find your nearest location for in-person assistance.
Also read: Hundreds of retirees will receive a payment worth $4,873 in early October
SSI and SSDI: What’s the Difference?
Both SSI and SSDI offer essential financial support, but they operate under different guidelines and disbursement schedules.
Supplemental Security Income (SSI)
SSI is a federal program aimed at helping individuals who fall below the poverty line, including both adults and children. Payments from SSI are issued on the 1st of each month; if that date lands on a weekend or holiday, the payment is adjusted accordingly.
Social Security Disability Insurance (SSDI)
SSDI provides monthly benefits to individuals unable to earn a substantial income due to a disability or who have reached retirement age. Payments are sent out on specific Wednesdays of the month, depending on the recipient’s birth date.
Knowing your payment dates and understanding the differences between SSI and SSDI can help you manage your finances effectively. Stay informed and make the most of the resources available to you.