Social Security forms the financial foundation for millions of Americans each year. Payments are made to retired individuals over the age of 65, qualified disabled persons and survivors of deceased claimants.

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In 2024, an average of almost 68 million Americans a month will receive some form of Social Security benefit, with about $1.5 trillion expected to be paid this year, according to the SSA. Due to the large number of claimants and the amounts spread out, not every applicant is paid on the same date each month.

Payments are generally made once a month to all claimants. After June, in which many of the regular payment dates were changed, July payments will now follow the regular SSA schedule.

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When your benefits are paid depends on several factors, including your date of birth, the type of benefit you receive and where you live. Also known as the Old Age, Survivors and Disability Insurance (OASDI) program, monthly payments are intended to replace lost income resulting from factors such as old age, disability, or loss of financial support once provided by a spouse or dead parent Those claimants totaled 58.5 million of those benefits paid in 2023.

Supplemental Security Income (SSI) is a supplemental payment given to elderly, blind, and disabled people with minimal income and assets. Often, these payments are intended to supplement the income of retirees whose OASDI payments may not provide a basic living. In 2023, disabled workers and their dependents claiming benefits reached 8.5 million.

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Newsweek has broken down all the Social Security payment dates for July 2024.

July 1

This month, all SSI payments and Social Security payments for those who claimed before July 1997 will be made on July 1. The July 1 payment date also applies to those who claim social security but live abroad.

July 3

For those receiving SSI and Social Security benefits, your retirement check will be on July 3rd, separate from your SSI.

July 10

Those with birthdays falling between the 1st and 10th of each month will receive their monthly amount on July 10th.

July 17

Claimants with birthdays between the 11th and 20th of each month receive their payment on July 17th.

July 24

All those born between the 21st and 31st of each month will be paid their benefits on July 24th.

Due to inflation, benefits have increased by 3.2 percent for all claimants this year. The cost of living adjustment (COLA) has been in effect since December for SSI recipients and January of this year for those new to Social Security. The next COLA calculation will be announced in October of this year.