Miami, Florida – Social Security beneficiaries in June 2024 will experience some exceptions in the payment schedule that they should be aware of. While the general rules establish when retirees can expect their monthly checks, there are changes for June that could impact their financial planning.
In June 2024, there will be two significant changes to the Social Security payment schedule. Firstly, there will be one less check sent out by the Administration due to the Supplemental Security Income payment being issued on May 31st instead of June 1st, which falls on a holiday. Additionally, Group 3 retirees will receive their benefits on June 18th instead of the typical date of June 19th, as the latter is a national holiday.
For a clearer understanding, here is the complete Social Security payment schedule for June 2024: On June 3rd, pre-May 1997 retirees will receive their payment, on June 12th, post-May 1997 beneficiaries with birthdays between the 1st and 10th of any month will receive their check, on June 18th, post-May 1997 beneficiaries with birthdays between the 11th and 20th will be paid, and on June 26th, retirees with post-May 1997 benefits and birthdays between the 21st and 31st will get their payment.
It’s crucial for beneficiaries to keep track of these changes in the June 2024 payment schedule and make any necessary adjustments to their financial plans accordingly. Whether recipients receive their checks on time also depends on whether they have Direct Deposit set up as a payment method.
Overall, the exceptions in the Social Security payment schedule for June 2024 highlight the need for retirees to stay informed and prepared for any changes that may affect their benefits. By being aware of the adjustments, beneficiaries can ensure they receive their payments on time and manage their finances effectively.