Social Safety uncertainty and coverage adjustments are driving extra folks to file
With a big rise in Social Safety functions, retirees face monetary selections influenced by laws and financial considerations in in the present day’s local weather.
Scripps Information
Social Security funds exit this month on a standard schedule. Nonetheless, in case you occurred to have been overpaid by the Social Safety Administration (SSA), your check may soon be a bit smaller.
That is as a result of the SSA is anticipated in late July to start withholding 50% of advantages for many who have been overpaid however have but to start repayments. There is not any public determine on what number of recipients have been overpaid, however the SSA tried to reclaim overpayments from about 2 million folks within the fiscal yr that ended September 2023, in keeping with KFF and Cox Media Group, based mostly on information acquired in a Freedom of Information Act request.
Social Security advantages – largely for many who are older or retired – sometimes are paid on Wednesdays. Your cost date relies on your birthdate: if it falls between the primary and tenth days of the month, you’re issued funds on the second Wednesday of the month (this month that is July 9), in keeping with Social Security Administration’s calendar.
The remainder of funds exit on subsequent Wednesdays, with recipients born between the eleventh and twentieth getting paid on the third Wednesday (July 16), and people born after the twentieth of the month getting funds on the fourth Wednesday of the month (July 23), in keeping with the SSA calendar.
Social Safety recipients who started getting advantages earlier than Might 1997 are paid on the third of the month. The identical goes for recipients who additionally get SSI payments.
Social Safety cost schedule for July
The Social Safety Administration’s yearly distribution schedules for 2025 and 2026 can be found on-line, must you need to test the calendar for budgeting functions.
Common Social Safety retirement advantages for the month of July shall be despatched out on the SSA’s typical schedule:
- Wednesday, July 9: Beginning dates between the primary and tenth of the month.
- Wednesday, July 16: Beginning dates between the eleventh and twentieth of the month.
- Wednesday, July 23: Beginning dates between the twenty first and thirty first of the month.
SSI cost schedule for July, remainder of 2025
Recipients of Supplemental Security Income checks shall be issued funds on the primary enterprise day of the month, which is Tuesday, July 1. SSI checks shall be despatched out on the next dates in 2025, in keeping with the SSA calendar:
- Tuesday, July 1, 2025 (Examine for July 2025)
- Friday, Aug. 1, 2025 (Examine for August 2025)
- Friday, Aug. 29, 2025 (Examine for September 2025)
- Wednesday, Oct. 1, 2025 (Examine for October 2025)
- Friday, Oct. 31, 2025 (Examine for November 2025)
- Monday, Dec. 1, 2025 (Examine for December 2025)
- Wednesday, Dec. 31, 2025 (Examine for January 2026)
What’s SSI?
Supplemental Safety Earnings (SSI) is a profit program for individuals with restricted earnings or sources, these aged 65 or older, and people who are blind or have a qualifying incapacity. Youngsters with a qualifying incapacity are additionally eligible, in keeping with the SSA’s website.Adults who qualify for SSI sometimes don’t have monthly wages above $2,019.
Those that could also be eligible for SSI can start the appliance course of online, in particular person at your native Social Security office, or by calling 1-800-772-1213 (TTY 1-800-325-0778) from 8 a.m. to 7 p.m. native time through the work week.
Mike Snider is a reporter on USA TODAY’s Trending crew. You may observe him on Threads, Bluesky, X and electronic mail him at mikegsnider & @mikegsnider.bsky.social & @mikesnider & msnider@usatoday.com
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