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Miami Herald
33 minutes ago
- Business
- Miami Herald
Social Security payment dates for July 2025: what you need to know
July offers a bit of good news for Social Security recipients - no holiday interruptions, no weekend reshuffling, just a straightforward schedule. But don't let the simplicity fool you - knowing exactly when your benefits arrive is still essential to your monthly financial plan. More than 70 million Americans depend on Social Security income. And for many, the timing of those payments can mean the difference between making rent or incurring a late fee. Don't miss the move: Subscribe to TheStreet's free daily newsletter So whether you're a longtime beneficiary, a new retiree, or a caregiver helping someone manage their finances, here's your complete guide to July's payment calendar - and what you should do now to avoid disruption later. Image source: Photo by Sweet Life on Unsplash Here's the breakdown for July, based on your benefit type, your birthday, and when you started receiving benefits: Supplemental Security Income (SSI): Tuesday, July 1Recipients who began receiving benefits before May 1997: Thursday, July 3All others (post-May 1997), based on birthdate:Born 1st–10th: Wednesday, July 9Born 11th–20th: Wednesday, July 16Born 21st–31st: Wednesday, July 23 And if you're wondering, yes, this month is routine. No federal holidays or quirks in the calendar to delay your payment. The Social Security Administration (SSA) doesn't deposit payments to all beneficiaries on the same day - and for good reason. A single-day distribution of more than 70 million payments would overwhelm the nation's financial infrastructure. Related: How the IRS taxes Social Security income in retirement By staggering payment dates, the SSA ensures system stability and consistent, on-time delivery. This payment schedule also reflects a key historical change: beneficiaries who began receiving checks before May 1997 still receive their payments early in the month. Everyone else - those who started after that date - have payment dates tied to their birthday. This system spreads out payments evenly across the month's Wednesdays. To give some context: as of May 2025, the average monthly benefit for a retired worker was $2,002.39. For aged widow(er)s, it was $1,863.71, according to the SSA. While averages can mask individual variation, these figures underscore how critical timely payments are to household cash flow. Speaking of which, here's something that does not follow a routine schedule: the way benefits are delivered is changing. According to David Freitag, a Social Security expert with MassMutual, roughly 500,000 recipients still receive physical checks. But that's about to end. Starting September 30, 2025, all federal benefits will be delivered electronically - unless you qualify for a narrow set of exemptions. Related: Social Security income tax deduction clears critical hurdle "There are limited exceptions," said Freitag, "such as individuals over 80, people living in areas with no access to electronic banking, or those using PO boxes only. But the general advice is clear: switch now." Setting up electronic payments isn't complicated. Just visit and create or log into your My Social Security account. From there, you can enroll in direct deposit in just a few steps. Freitag's advice: Don't wait. If you still receive a paper check, make the switch before the September deadline. It's safer, faster, and more reliable." While July's payment schedule is straightforward, it's a great month to set better financial habits in motion: Set reminders for your payment dateDouble-check your bank account for timely depositsCreate a backup plan if funds arrive lateTrack monthly expenses to align with your benefit scheduleConfirm direct deposit is in place before September's deadline As Mike Piper, author of "Social Security Made Simple," reminds us: your benefit for any given month is paid the following month. So the July payment is actually your June benefit. That's another detail worth remembering when setting your monthly budget. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
The Hill
13 hours ago
- Business
- The Hill
When to expect Social Security benefits for July
(NewsNation) — July is quickly approaching, which means Social Security benefit checks should be arriving soon. For Social Security and Supplement Security Income recipients, July will be a normal month in terms of the payment schedule. However, come August, some recipients might have to deal with an odd payment schedule, similar to that of May's. If you need to know when you'll receive your Social Security benefits check in July, you can check the Social Security Administration's retirement benefit schedule online for this year and 2026. Your payments are based on your birth date, which has the following breakdown for July: If you receive Supplemental Security Income (SSI), you will receive your regular payment on July 1. However, similar to May, in August, SSI recipients will receive two payments: one on August 1 and one on August 29. This means that there will technically be no SSI payments in September. The remainder of 2025's SSI schedule is: If you think you are missing a Social Security benefit or SSI payment, you should first contact your bank to make sure they can't see any delayed payments. If they can't, then you should contact the agency at 1-800-772-1213 or go to your local Social Security office. NewsNation offers a Social Security calculator on our website to help you estimate what your monthly benefits should look like.
Yahoo
14 hours ago
- Business
- Yahoo
When do you get your SSI check for July? See full 2025 schedule
Those who get Supplemental Security Income checks will be getting them on a normal schedule in July. SSI recipients got two checks in May – their May SSI payment issued on May 1 and their June payment on May 30 – because of quirks in the Social Security Administration's calendar. Typically, the payments are issued on the first day of the month, and the May 1 payment went out as expected. But because June 1 fell on a weekend, the payment was sent on May 30, the last business day of May. Payments in July and August will arrive on a more normal schedule, with the July payment issued on Tuesday, July 1, and the August payment on Friday, Aug. 1, according to the SSA calendar. Social Security: 3 reasons I'll be taking benefits long before age 70 SSI beneficiaries will also get two checks in August, October and December. That's because the first date of the following month lands on a weekend or holiday. Here are the dates for SSI payments for the rest of 2025, according to the SSA calendar: Tuesday, July 1, 2025 (Check for July 2025) Friday, Aug. 1, 2025 (Check for August 2025) Friday, Aug. 29, 2025 (Check for September 2025) Wednesday, Oct. 1, 2025 (Check for October 2025) Friday, Oct. 31, 2025 (Check for November 2025) Monday, Dec. 1, 2025 (Check for December 2025) Wednesday, Dec. 31, 2025 (Check for January 2026) There are about 7.4 million Americans who may be disabled or have limited resources getting monthly Supplemental Security Income (SSI) benefit payments. SSI provides benefits for those with limited income or resources, those aged 65 or older, and those who are blind or have a qualifying disability. Children with a qualifying disability can also get SSI, according to the Social Security Administration's website. Adults who earn more than $2,019 from work monthly, typically do not qualify for SSI. About one-third of those SSI recipients also get a benefit from Social Security. Those who may be eligible for SSI can begin the application process online, in person at your local Social Security office, or by calling 1-800-772-1213 (TTY 1-800-325-0778) from 8 a.m. to 7 p.m. local time during the work week. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: When are July SSI checks sent out? See full 2025 payment schedule
Time of India
14 hours ago
- Business
- Time of India
When will you receive your Social Security payment in July 2025? Check full schedule
Schedule for SSI Payment Live Events Social security retirement benefits: July 2025 payment dates (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The recipients of Supplemental Security Income (SSI) are set to receive their payment for July on July 1, 2025. For SSI recipients, things returned to normal after a disbursement in May 2025. In August, however, some recipients might have to witness an odd payment schedule, similar to that of May' is pertinent to mention that in the case of a Saturday/Sunday or a public holiday on the 1st of any month, the SSI payment for that particular month comes on the last working day of the previous anyone receives SSI, the concerned person will be eligible to receive regular payment on July 1. However, similar to May, in August, SSI recipients will get two payments: one on August 1 and one on August 29. This means that there will technically be no SSI payments in July 1, 2025 (for July)Friday, August 1 (for August)Friday, August 29 (for September)Wednesday, October 1 (for October)Friday, October 31 (for NovemberMonday, December 1 (For December)Wednesday, December 31 (For January 2026)As far as Social Security retirement beneficiaries are concerned, payment dates are based on the date of birth. Here's the payment schedule for July 2025Birth dates between the 1st and the 10thBirth dates between the 11th and 20thBirth dates between the 21st and 31st
USA Today
15 hours ago
- Business
- USA Today
When do you get your Social Security payment for July? See schedule
Social Security payments go out this month on a normal schedule. However, if you happened to have been overpaid by the Social Security Administration (SSA), your check may soon be a bit smaller. That's because the SSA is expected in late July to begin withholding 50% of benefits for those who have been overpaid but have yet to begin repayments. There's no public figure on how many recipients have been overpaid, but the SSA tried to reclaim overpayments from about 2 million people in the fiscal year that ended September 2023, according to KFF and Cox Media Group, based on data acquired in a Freedom of Information Act request. Social Security benefits – mostly for those who are older or retired – typically are paid on Wednesdays. Your payment date depends on your birthdate: if it falls between the first and 10th days of the month, you are issued payments on the second Wednesday of the month (this month that's July 9), according to Social Security Administration's calendar. How to cancel that subscription: Why more Americans are dumping monthly payments The rest of payments go out on subsequent Wednesdays, with recipients born between the 11th and 20th getting paid on the third Wednesday (July 16), and those born after the 20th of the month getting payments on the fourth Wednesday of the month (July 23), according to the SSA calendar. Social Security recipients who began getting benefits before May 1997 are paid on the 3rd of the month. The same goes for recipients who also get SSI payments. Social Security payment schedule for July The Social Security Administration's yearly distribution schedules for 2025 and 2026 are available online, should you want to check the calendar for budgeting purposes. Regular Social Security retirement benefits for the month of July will be sent out on the SSA's usual schedule: SSI payment schedule for July, rest of 2025 Recipients of Supplemental Security Income checks will be issued payments on the first business day of the month, which is Tuesday, July 1. SSI checks will be sent out on the following dates in 2025, according to the SSA calendar: What is SSI? Supplemental Security Income (SSI) is a benefit program for persons with limited income or resources, those aged 65 or older, and those who are blind or have a qualifying disability. Children with a qualifying disability are also eligible, according to the SSA's who qualify for SSI typically do not have monthly wages above $2,019. Those who may be eligible for SSI can begin the application process online, in person at your local Social Security office, or by calling 1-800-772-1213 (TTY 1-800-325-0778) from 8 a.m. to 7 p.m. local time during the work week. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
