Disability Benefits: $697 for SSI & $1,537 for SSDI Payment Dates & More

By Alon Bidden

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$697 for SSI & $1,537 for SSDI Payment Dates & More

Navigating the schedule for disability benefits can be a bit tricky, but understanding when you can expect your payments is crucial.

In August 2024, both Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) recipients have specific dates to mark on their calendars for their benefits.

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July SSDI Payment

Before diving into August, it’s important to note the last SSDI payment in July. The Social Security Administration (SSA) will issue a payment on July 24. To qualify for this payment, recipients must meet the following criteria:

  • Birthdate after the 20th of the month
  • Must have been receiving benefits before April 30, 1997
  • Not be receiving SSI

The average payment for SSDI is $1,537, but high earners for 35 years who filed close to Full Retirement Age can receive up to $3,822.

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August SSI and SSDI Payments

SSI Payments

SSI recipients will receive their benefits on August 1, 2024. The payment amounts for SSI can be:

  • Individuals: Up to $943
  • Married Couples: Up to $1,415

There will be an additional SSI payment on August 30, 2024. This is an early payment for September because September 1 falls on a weekend, and the SSA does not process payments on Sundays.

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SSDI Payments

SSDI payments in August will follow this schedule:

  1. August 2, 2024:
    • Recipients who receive both SSI and SSDI
    • Recipients who have been on benefits before May 1997
  2. August 14, 2024:
    • Recipients with birthdays from the 1st to the 10th of the month

The staggered payment dates help manage the distribution process effectively, ensuring that recipients receive their benefits in a timely manner.

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Summary of August Payment Dates

Benefit TypePayment DateConditions
SSIAugust 1, 2024All SSI recipients
SSI (September Advance)August 30, 2024All SSI recipients
SSDIAugust 2, 2024SSI and SSDI recipients; Benefits before May 1997
SSDIAugust 14, 2024Birthdays from 1st to 10th

Understanding Your Benefits

It’s essential to keep track of these dates to manage your finances effectively. The SSA schedules payments based on various criteria, ensuring that the distribution process is smooth and recipients get their funds when expected.

Whether you’re receiving SSI or SSDI, knowing your payment dates helps you plan better.

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FAQs

When is the next SSI payment?

The next SSI payment is on August 1, 2024.

What are the payment amounts for SSI?

Individuals receive up to $943, and married couples receive up to $1,415.

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When will the SSDI payment be made for August birthdays?

SSDI payments for birthdays from the 1st to the 10th will be made on August 14, 2024.

What is the maximum SSDI payment?

High earners can receive up to $3,822.

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Why is there an extra SSI payment in August?

An extra SSI payment is made on August 30 to cover September because September 1 falls on a weekend.

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Alon Bidden

An up-and-coming tax attorney passionate about educating readers on tax planning and mitigation strategies.Alon's articles offer practical advice and actionable tips to help individuals and businesses navigate the intricacies of tax law with confidence.

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