Social Security Payment Date May 2024 – SSI, SSDI & VA Deposit Schedule

Social Security Administration (SSA) governs the SSDI & SSI payment plans with the assistance of the government of the US. These government plans provide its citizens with financial assistance for them to live a basic life and meet their daily necessities. With such payments, people can afford healthy meals, pay bills and buy prescribed medicines. However, the SSA’s payment amount changes as the Cost-of-Living Adjustments (COLA) shows the change in its percentage. The payment amounts for this scheme are given every month through direct bank deposits as per Social Security Payment Date May 2024. Payments can be expected on Wednesdays of each month for those who qualify through the Social Security Eligibility Criteria 2024. Direct deposit payments from SSI and SSDI are anticipated to be released in May 2024. The post will provide information on the SSI, SSDI Monthly Deposit Date 2024. Candidates with any queries can also visit the official website at https://www.ssa.gov.

Social Security Payment Date May 2024, SSI, SSDI Deposit Schedule

Social Security Payment Date May 2024

SSI & SSDI payment schemes have proven to be providing the utmost help to the citizens of the US in terms of money. These payments supervised by the SSA with the guidance of the US government aim at helping the economically weaker, disabled, and seniors of the US. Every month SSI & SSDI payments are delivered through direct bank deposits in the accounts of the eligible candidates. On the part of the citizens, they have to qualify the eligibility standards as set by the SSA department to claim such monthly payment amount. The candidates are expected to receive the payment amount under this scheme on Wednesdays of each month according to Social Security Payment Date May 2024.

SSI, SSDI Monthly Deposit Date 2024

Program Name Social Security Payment Date May 2024 
Governing BodyGovernment of the United States
Administrated BySocial Security Administration (SSA)
Applicable in50 States of the USA
SSI, SSDI Monthly Deposit Date 20248th, 15th, and 22nd of May 2024
Beneficiary Residents of the US with limited income, Senior citizens or one with a disability or blindness
Payment DateBirth Date of beneficiaries
CategoryFinance
Official Websitehttps://www.ssa.gov/

Social Security Payment Date May 2024

  • SSI & SSDI releases the payment amounts on the 2nd, 3rd, and 4th Wednesday of every month depending on the date the beneficiaries were born.
  • People receiving SSI & SSDI payments before 1997 will receive the payments on the 1st and 3rd respectively of each month.
  • In case the payment date is a national off, beneficiaries can expect the payment a day before.
  • Complete information on Social Security Payment Date May 2024 can be gathered from the table below.
Birth Date Social Security Payment Date May 2024
1st to 10th 8th May 2024
11th to 20th 15th May 2024
21st to 31st 22nd May 2024
SSI before 19971st May 2024
SSDI before 19973rd May 2024

Social Security Eligibility Criteria 2024

The candidates have to be qualified to get these funds by direct deposit. For benefits under the SSI and SSDI payment schemes to be received, the eligibility requirements must be met. The following are the Social Security Eligibility Criteria 2024 that candidates must adhere.

  • Individuals have to be low-income or members of a low-income class.
  • Individuals and couples with less than $2000 and $3000 in resources, respectively, are considered low-income.
  • Old people 65 years of age or above suffering from disability.
  • People who are blind or disabled and are 64 years of age or below.
  • Adults under the age of 18 have no income or less income.

Claim SSI & SSDI Payments 2024

The people who satisfy the eligibility criteria can Claim SSI & SSDI Payments 2024 by following these steps:

  1. Open the official website at
  2. As the portal opens, fill in your details to get your identification no and password.
  3. Get the form by clicking on the Apply Now option.
  4. As the form opens type your initial and attach supporting eligibility documents
  5. Submit the form and the SSA authority will review your application within a few weeks 
  6. One can also visit their nearest SSA Office to apply for the scheme.

Social Security Payment Amount 2024

  • The Social Security Payment Amount 2024 under SSI & SSDI are $943 for an individual, $1,415 for the couple, and $472 for essential people.
  • The payment amount offered by SSI & SSDI changes with the change in the Cost-of-living Adjustments (COLA). In 2024, COLA increased to 3.2% which ultimately led to the increase in the SSI & SSDI payments.

Recipient
Unrounded Annual Amounts for the years
Monthly Amounts for 2024
20232024
Qualified Individual$10,970.44$11,321.49$943
Qualified Couple$16,453.84$16,980.36$1,415
Key Person$5,497.80$5,673.73$472

FAQs On Social Security Payment Date May 2024

What is the payment date for SSA in May 2024?

The applicants can expect to receive the SSA payments on the 8th, 15th and 22nd of May.

Who is eligible to receive SSA payments?

Financially weaker people, disabled, experiencing blindness and old age are eligible for such payments.

Where can I apply online to receive SSA payments?

One must apply on the official website of SSA at https://www.ssa.gov/.

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