As we dive into the brand new yr, questions on Social Safety Incapacity Insurance coverage (SSDI) funds for January come up.
The SSDI program extends its advantages to people who’re “insured” – those that have labored lengthy and not too long ago sufficient, paying Social Safety taxes on their earnings.
Equally, the SSI program caters to adults and youngsters assembly particular incapacity standards, coupled with restricted revenue and sources.
Each applications share similar medical necessities, guaranteeing month-to-month advantages for these with a medical situation anticipated to final at the least one yr or lead to dying.
If you happen to’re receiving SSDI funds, the timing of your month-to-month deposit hinges in your birthday.
Social Safety incapacity advantages are usually disbursed on the second, third, and fourth Wednesday of every month.
The staggered schedule, carried out by the Social Safety Administration in Could 1997, ensures a clean movement of funds all through the month.
This is a breakdown of the fee schedule based mostly on beginning dates:
- Second Wednesday: In case your birthday falls between the first and tenth of the month.
- Third Wednesday: In case your birthday falls between the eleventh and twentieth of the month.
- Fourth Wednesday: In case your birthday falls between the twenty first and thirty first of the month.
- Those that started receiving funds earlier than Could 1997 obtain their SSDI advantages on the third of every month.
For January 2024, the fee dates are as follows:
- Jan. 10: In case your birthday is from the first to the tenth.
- Jan. 17: In case your birthday is from the eleventh to the twentieth.
- Jan. 24: In case your birthday is after the twentieth.
What time does SSDI direct deposit into checking account?
Social Safety advantages, together with SSDI, are deposited instantly into your checking account at 12:01 a.m. in your scheduled fee date.
Whether or not you employ a checking account or a Direct Specific Debit Mastercard, the funds are electronically transferred.
If you happen to discover your incapacity fee is late or lacking, take these steps:
Examine together with your financial institution first for any delays on their finish.
- In case your financial institution is just not experiencing points, contact the Social Safety Administration at 1-800-772-1213 (TTY 1-800-325-0778) or your native Social Safety workplace.
- For these receiving paper checks, wait three enterprise days after the standard mailing date earlier than contacting the Social Safety Administration for a overview and alternative.
Keep knowledgeable about your SSDI funds, guaranteeing a clean and well timed receipt of your entitled advantages.
