Monthly Social Security & SSDI Payments of $1,476-$1,801 – Confirmed Payment Dates

Amelia Ross
2 Min Read

The federal government of the United States, in collaboration with the Social Security Administration (SSA), is preparing to disburse monthly payments ranging from $1,476 to $1,801 in June 2024 to support Social Security and SSDI beneficiaries nationwide.

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Eligibility Criteria

To qualify for the $1,476 – $1,801 monthly payments, applicants must meet specific criteria:

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  • Age or Disability: Must be 65 years or older, blind, or permanently disabled.
  • Income: Minimal or no income.
  • Resources: Resource limits of $3,000 for couples filing jointly and $2,000 for individuals or children.
  • Residency: Must reside in one of the 50 states of the United States.

Payment Schedule

Payments in June 2024 will be distributed based on recipients’ birth dates:

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  • Payment Date: 2nd Wednesday for 1-10th, 3rd Wednesday for 11-20th, and 4th Wednesday for 21-31st.

Recent Updates

The SSA is yet to announce the final details regarding the additional Social Security payments for June 2024. Beneficiaries should await the official schedule on the SSA’s website for accurate disbursement information.

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Fact Check

In 2023, a 3.2% cost of living adjustment (COLA) increased Social Security benefits, aiding those in financial need since December 2023. Details for June 2024 payments, including the maximum annual earnings limit for full retirement age, are pending SSA confirmation.

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Required Documents

Applicants need to submit specific documents for Social Security benefits:

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  • Social Security Card
  • Birth Certificate
  • Proof of Residency
  • Military Service Record (if applicable)
  • Previous Employment Tax Return

Having these documents ready facilitates a smooth application process and ensures timely benefit receipt.

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The upcoming Social Security and SSDI payments are crucial for eligible citizens, providing essential financial support. Stay informed with SSA updates to meet eligibility criteria and documentation requirements efficiently.

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A tax law expert with a knack for breaking down complex regulations into digestible insights. Amelia's articles on the tax news blog offer invaluable guidance to readers navigating changes in tax legislation.
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