There are millions of American citizens who solely rely on the Social Security Benefits. It can either be SSDI or it can be low income benefits (SSI). For a family who is completely relying on Social Security Benefits, should or must be aware of the exact dates of payment in July. It remains a crucial aspect in the planning for the upcoming month. Keeping this in mind, the Social Security Administration tries to maintain the complete structured schedule for the payments for every individual, depending upon their circumstances.
There are multiple social security programmes under which the Supplemental Security Income is one of the most common and it is completely different from SSDI. Their beneficiaries must have received their payment of July on Tuesday, that is July 01. Social Security payments are mostly made on the first business days of the month. And suppose if somehow the first is a holiday in any case then the payment will be made on the last business day of the previous month.
Paper Check Finished?
A huge change is going to happen and the whole nation will witness it. The social security administration is planning to eliminate the paper check. This is the plan which was started back in 2013. Hence the administration is planning to shift completely to electronic mode of payment which is much more convenient and efficient. Although the elderly, who are not well aware of the latest technologies will have to face some challenges, however new changes are welcomed by the new time.
This simply means that all the payments for the beneficiaries will be transferred directly to their bank accounts. Secondly if a person is not having a bank account, Direct Express Credit card will be provided to such beneficiaries.
Here the goals set by the organisation are crystal clear. The primary remains that the organisation does not want to increase any kind of administration cost. Secondly they wanted to minimize the fraud percentage. Also want to prevent the losses due to lost checks and through theft. These are the drawbacks with the physical paychecks, however on the other hand, the electronic payment method is much cheaper and reliable and does not create any sort of delays.
SSA Appeal to its Beneficiaries.
It is strongly urged by the Social Security Administration that the beneficiaries must update their mode of payment on an urgent basis. And there’s a deadline being set for this step. If a beneficiary fails to update the mode of payment, he will be facing difficulties while receiving the payments.
The updates are easy to perform and are available on the online portal of SSA. It can also be done through Phone, or through the local office. The SSA is also looking forward to its campaigns in the older age group where they are focusing more on awareness for them. .