Do you receive Social Security benefits each month? If you receive money from the Social Security Administration (SSA) each month, you need to know when Social Security payments are made each month so you can budget for that money. When Social Security payments are sent depends on the type of benefit you receive and other factors. This guide contains everything you need to know about how to receive Social Security benefit payments in 2024.
The Social Security benefit payment schedule for 2024 can be confusing, but it’s important to understand it. You should know when your March 2024 Social Security payments will arrive to make sure you pay your bills on time and budget for the rest so it spreads out throughout the entire month.
The Social Security payment schedule for 2024 varies based on a few different factors. SSI payments are sent on a different schedule than other types of benefits. If you receive SSI, your March 2024 SSI payment will arrive on March 1, 2024.
If you are signed up for SSI direct deposit or have the SSA Direct Express® Card, your benefit money should be available on Friday, March 1, 2024.
If you receive any other type of Social Security benefit besides SSI, your Social Security payment date for March 2024 depends on your date of birth. The Social Security Administration’s March 2024 benefit payment schedule is as follows:
- If your birth date falls between the 1st and 10th of your birth month, you will receive your money from the SSA on the second Wednesday of the month. March 13.
- If your birth date falls between the 11th and 20th of your birth month, you will receive your money from the SSA on the third Wednesday of the month. March 20.
- If your birth date falls between the 21st and 31st of your birth month, you will receive your money from the SSA on the fourth Wednesday of the month. March 27th.
Remember, the March 2024 SSA benefit payment schedule is based on the date of birth of the primary benefit recipient. If you receive survivor benefits, benefits for a child, or benefits that are based on a benefit given to another person, the day the benefits arrive are based on that person’s date of birth.
If you’re wondering when will my March 2024 Social Security payment arrive? Here’s a breakdown of all Social Security payment dates for March 2024:
March 1: You will receive a Social Security payment corresponding to March 2024 on Friday, March 1 if you receive SSI of the SSA.
You will also receive a Social Security payment for March 2024 on Friday, March 1 if:
- You live outside the United States
- You receive both Supplemental Security Income (SSI) and Social Security benefits.
- Your state pays your Medicare premiums.
- You applied for Social Security benefits before 1997.
Typically, Social Security payments for people who meet these criteria are sent out on the 3rd of the month. But, since March 3rd is a Sunday, you will receive payment on Friday, March 1st.
March 13: If your date of birth falls between the 1st and 10th of the month, you will receive your March 2024 Social Security payment on the second Wednesday in March, which is Wednesday March 13th.
March 20: If your date of birth falls between the 11th and the 20th, you will receive your March 2024 Social Security payment on the third Wednesday in March, which is Wednesday 20 March.
March 27th: If your date of birth falls on or after the 21st of the month, you will receive your March 2024 Social Security payment on the fourth Wednesday in March, which is Wednesday, March 27.
The specific amount of money you will receive from your Social Security payments in March 2024 depends on the type of Social Security benefit you are receiving. The Social Security payment amounts for March 2024 are as follows:
Social Security Disability Insurance (SSDI)
If you are currently receiving SSDI payments from SSA in March 2024, the maximum benefit amount you can receive each month is: $3,822
Supplemental Security Income (SSI)
If you currently receive SSI from SSA in March 2024, the maximum SSI benefit amount you can receive each month is:
- For an eligible person: $943
- For an eligible couple: $1,415
- For an essential person: $472
Retirement benefits
If you currently receive SSA retirement benefit payments, the maximum benefit amount you can receive in March 2024 is:
- Full Retirement Age Benefit: $3,822
- Retired at 62 years old: $2,710
- Retired at 70 years old: $4,873
Survivor benefits
If you currently receive SSA survivor benefits, the maximum benefit amount you can receive in March 2024 is:
- Individual survivor without children: $1,773
- Survivor with 2 children: $3,653
These payment amounts represent the 3.2% 2024 COLA increase that took effect on January 1, 2024. Please note that these payment amounts are generalized and may not indicate the amount of money you could receive specifically. That being said, you can use our helpful Social Security Benefits Calculator to calculate your specific benefit amount (that is, exactly how much money you will receive for the March 2024 Social Security benefit payments).
Holidays and weekends can make a difference in receiving Social Security payments for March 2024. People who normally receive SSI on the 2nd of the month will receive SSI on March 1 because March 2 is Saturday.
When a scheduled Social Security payment date falls on a holiday or weekend, the payment will be sent the business day before the regular date. Shipping delays and weather issues can sometimes cause delays in receiving your Social Security payment, but they are rare.
Although there is a major holiday in March 2024, Easter, that will not affect March 2024 Social Security payments. The only payment that will be advanced or delayed in March 2024 is SSI for people living outside the US. In the U.S., they receive benefits from both SSI and Social Security, or they applied for Social Security benefits before 1997. Those people will receive their Social Security payment in March 2024. on Friday, March 1 instead of the 2nd of the month.
No one wants to wait for their Social Security benefits to be paid. If you want to receive your Social Security benefit payment as quickly as possible, you must sign up for direct deposit or the SSA Direct Express® Benefit Card.
Direct deposit It is available from the Social Security Administration. If you log into your account on the SSA website, you can fill out a form to have your benefit payment deposited directly into your checking or savings account at any bank or credit union. When your benefit is directly deposited, it should be available immediately on the day you are due to receive it, although your bank or credit union may have a holding period.
If you don’t have a checking or savings account or just want quick access to your Social Security benefit money, you can sign up for the Direct Express® benefits card through your “My Social Security” account on the SSA website.
If you have the Direct Express® Benefits Card, your benefit payment will be available first thing on the day you are scheduled to receive your benefit. The Direct Express® card works like a credit or debit card. You can use the card to pay bills or withdraw money at an ATM.
Managing your Social Security payments is the best way to ensure you don’t end up losing some of your benefit money due to fees or other charges. Making that money stretch is a priority for most people who receive Social Security. One thing you can do to avoid receiving late fees and charges is to make sure you know when your March 2024 Social Security benefit payment will arrive.
The best way to check when you will receive your Social Security benefit payment for March 2024 is to log into your account on the SSA website and check your payment date. Your account must have the date indicated on which you will receive your payment and the payment method you have chosen.
Once you’re sure when your benefit payment will arrive, you can budget that money and make plans to pay your bills on time so you don’t get hit with late fees or charges.
If you are expecting a Social Security payment in 2024 but your application has not yet been approved, you could have to wait at least five more months. There is a five-month waiting period to begin receiving benefits once your Social Security application has been approved. Your benefits will begin to be paid the sixth month after approval.
However, if you have been waiting more than five months for your application to be approved, you will not need to wait five more months after your application is approved. The approval is retroactive. If you have been waiting more than five months for an approval once your application is approved, you will begin receiving your Social Security benefit as soon as the approval is processed.
After approval, you will receive your Social Security benefit payment on the date determined by your date of birth and the type of benefit you are receiving. Late payment, or payment for the months you were waiting for approval, is different.
Late payments are paid electronically as a lump sum payment. You should receive that payment deposited into your bank account or deposited onto your Direct Express® card within 60 days of approval.
2024 is a leap year, meaning February had an extra day. Due to the extra day in February, March 1 is a Friday and March 2 is a Saturday. That means everyone who normally receives their SSI payment on the 2nd of the month will receive their March 2024 SSI payment on Friday, March 1.
March 2024 Social Security payments should be made on time and as planned. Although 2024 is a leap year, it should not cause delays in Social Security benefit payments. There is only one major holiday in March 2024, Easter, and that will not affect Social Security benefit payments.
The best way to quickly receive your Social Security benefit payment is to deposit your payment electronically into your bank account or sign up for the Social Security Administration’s Direct Express® payment card. You can set up direct deposit or get a Direct Express® card into your account on the SSA website.
It’s important to stay up to date on changes to the 2024 Social Security benefit payment to ensure you can budget and pay your bills on time. As such, be sure to return to the Disability Benefits Center to find the latest updates and information on everything related to Social Security benefits and monthly paychecks.
If you have applied for Social Security benefit payments but have not yet been approved, be sure to fill out our Free Case Evaluation form on this page now to connect and speak with a disability attorney who specializes in Social Security claims and can help you. . you today—all in zero cost for you. That’s right, our Free Case Evaluation is always 100% free for everyone. We offer our free case evaluation to ensure that speaking with an attorney and getting answers to questions you may have about your Social Security claim is as accessible as possible for everyone.
Additionally, and possibly even more important to mention, disability attorneys do not get paid until they obtain the disability benefits you need from the SSA. And, when disability benefits are awarded to applicants who work with an attorney, the SSA pays the attorney directly, avoiding the hassle of paying out of pocket for an attorney.
