Who will receive a check from the SSA worth up to $943 on August 1st?

The Social Security Administration (SSA) has finished issuing payments for July. However, a new batch of recipients will receive a payment worth up to $943 next week. Those receiving Supplemental Security Income (SSI) will see their checks deposited on Thursday, August 1.

Typically, those who receive SSI benefits have a disability or are a family member of a person with a disability.

Every month, the SSA issues millions of payments to beneficiaries of the Social Security program. While most of the checks go to retired workers, a good portion are for SSI recipients. Most benefits are issued on the second, third, or fourth Wednesday of the month, depending on the recipient’s date of birth, with the exception of SSI beneficiaries and those who retired before May 1997.

SSI benefits are paid on the first of the month unless the first falls on a weekend or holiday, in which case they will be paid on the previous business day.

On the third of each month, both those who have been receiving Social Security benefits since May 1997 and those who receive Social Security and SSI are paid. The third falls on a Saturday in August, meaning these groups will be paid on Friday, August 2.

What is the average size of a Social Security check in 2024?

Official estimates from the SSA place the average payment for a retired worker at $1,907 for individuals and $3,303 for couples who file their taxes together.

What about SSI benefits?

The average benefit for SSI recipients is $943 for individuals and $1,415 for couples. If a beneficiary is eligible for both Social Security and SSI payments, the SSA will prioritize sending SSI on the first day of the month, while the other payment will be sent on the third day of the month.