Saturday, July 13, 2024
HomeTechJanuary SSDI Check 2024: Will Your First COLA Increase Come Today?

January SSDI Check 2024: Will Your First COLA Increase Come Today?

[ad_1]

If you have not but obtained your Social Safety Incapacity Insurance coverage fee this month, you might not know the way a lot extra cash you are getting in 2024. Your month-to-month checks will likely be elevated by 3.2%. In the event you’re ready in your cash to reach, it may come in the present day or later this month. Whether or not your fee comes with this spherical depends upon while you began receiving SSDI, in addition to your birthday. 

Under, we have listed the dates for when your SSDI cash may arrive. Notice that SSDI is paid the identical day as Social Safety funds.

Fee schedule for those who’ve obtained SSDI since 1997 or earlier

In the event you’ve been an SSDI recipient since Might 1997 or earlier than, your fee ought to arrive on the third day of each month.

There are exceptions. If the third day of the month falls on a weekend or vacation, you may get your fee on the closest enterprise day. For instance, Dec. 3 fell on a Sunday, so beneficiaries obtained their funds Friday, Dec. 1.

Stimulus money payments

When your examine arrives depends upon your delivery date and the 12 months you began receiving SSDI cash.

James Martin/CNET

Schedule for everybody else depends upon their birthday

Funds for individuals who have not been receiving SSDI since 1997 or earlier than observe the identical schedule as Social Safety. This is the way it works:

  • In case your birthday falls between the primary and tenth of the month, your fee will likely be despatched on the second Wednesday of the month.
  • In case your birthday falls between the eleventh and twentieth of the month, your fee will likely be despatched on the third Wednesday of the month.
  • In case your birthday falls between the twenty first and thirty first of the month, your fee will likely be despatched on the fourth Wednesday of the month.

While you’ll get your SSDI COLA improve in January

This is when your fee ought to arrive:

Jan. 3: Fee for individuals who have obtained SSDI since earlier than Might 1997.

Jan. 10: SSDI fee for these with birthdays falling between the primary and tenth of any given month.

Jan. 17: SSDI fee for these with birthdays falling between the eleventh and twentieth of any given month.

Jan. 24: SSDI fee for these with birthdays falling between the twenty first and thirty first of any given month.

For extra, this is find out how to get in contact with the Social Safety Administration to resolve any questions or points along with your Social Safety funds.



[ad_2]

Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments