$487 Social Security increase 2024: who is eligible and know about payment dates

Key Highlights of $487 Social Security Increase 2024

1. SSI, SSDI, and Social Security Payment Increases

Upcoming: The $487 increase in Social Security payments is scheduled for June 2024, benefiting SSI and SSDI recipients.
Proposal: Adjustments are based on the cost of living adjustments (COLA) which increased by 3.2% this year.

2. Payment Details and Schedule

Amount: $487 increase in monthly Social Security payments.
Payment Dates:
- June 12: For birthdays from the 1st to 10th.
- June 19: For birthdays from the 11th to 20th.
- June 26: For birthdays from the 21st to 31st.

3. Eligibility Criteria

Citizenship: Must be a permanent citizen of the United States.
Age: Recipients must be at least 65 years old or qualify under disability criteria with proper documentation.

4. Benefits and Financial Security

Purpose: To provide financial support for retired and low-income individuals, especially aiding in paying house bills, groceries, food, and medical expenses.
Impact: Enhances financial stability for poor people, ensuring they can manage essential expenses.

The whole world is witnessing of dangerous COVID-19 pandemic. After this pandemic, it has become difficult to manage our lives. A big question was raised about financial stability. Amid all problems, retired persons are facing serious problems. To reduce this problem for senior citizens SSI decides to offer monthly payments. They will provide this financial help to the aged people and people with disabilities. At present American citizens are eagerly waiting for the $487 Social Security increase 2024. The American government has decided to increase $487 social security payment for June 2024. This decision of the United States Federal Government must help those retired people who are still struggling.

This $487 social security payment is grateful for the people whose pension is too low. Also, those who have small income will get a huge benefit from this financial scheme. This article will provide complete guidelines. Go through this article to get all the information.

Overview of $487 social security payment increase:

$487 social security payment for June:

This $487 social security checks is one of the important parts of the Social Security Administration. Only American citizens are eligible for this increased payment. The Social Security Administration has decided to provide financial support to the retired person or low income families.

SSA payment adjusted with COLA:

The Social Security Administration has determined the payment limit after examination of the cost of living adjustments or COLA. It has a serious impact on the SSA. According to the survey, cost of living adjustments or COLA grew by 3.2% this year. After checking this percentage the SSA decides to increase $487 payment checks in June 2024.

Association	Social Security Administration
Country	U.S.
Program name	Social security increase
Category	Finance
Amount	$487 (Increased)
Payment date	June 2024
Payment mode	Monthly
Official Website	www.ssa.gov

For SSDI, SSI $487 social security increase 2024:

Citizens of the U.S. trust the Social Security Administration. This $487 increased social security checks program will improve the financial stability of poor people. They are eagerly waiting for the payment. They will be able to pay house bills, groceries, and food bills. The most important things are medical bills after a certain age. By using this financial help they will be able to manage the medical bill also. Low income families and individuals will receive this payment into their bank account.

Eligibility specifications for $487 social security 2024:

We all know that citizens are impatiently waiting to receive $487 social security check. But prior to taking this amount they should meet the eligibility criteria. The Social Security Administration set all the requirements for this financial program. They will verify every application properly so that only suffered citizens can get the benefits. If the SSA finds any person does not meet the eligibility requirement the organization will reject their application. Let’s have a look;

Citizenship:

If you apply for the $487 social security check, you must have permanent citizenship of the United States of America.

Age:

You should be at least 65 years old to receive this financial benefit. Less than 65 years of age is not acceptable. But above 65 years old is acceptable.

Disability criteria:

If you are a disabled person, you should upload your proper documents.

Payment dates of $487 social security check 2024:

The $487 social security increased checks 2024 have announced their payment dates. The payment date is organized according to the beneficiary’s date of birth. Let’s have a look at this chart;

Birth date Between	Day of the week	Payment date
1^st to 10^th	Wednesday	12^th June
11^th to 20^th	Wednesday	19^th June
21^st to 31^st	Wednesday	26^th June

Are you a little bit confused? The explanation is so simple. The citizens whose birthdays come between the 1^st to 10^th of the month will receive the $487 social security payment on June 12^th. This is the second Wednesday of the month. The people who are waiting to receive this payment whose birthdays come between the 11^th to 20^th of the month will get money on June 19^th. This is third Wednesday of the month. The citizens whose birthdays come between the 21^st to 31st of the month will receive the payment on June 26^th . This is the fourth Wednesday of the month.

Complete claiming process of $487 social security checks 2024:

Most people don’t know the complete claiming process for $487 social security check 2024. Here is the step-by-step process that you should follow;

First of all, you should open the official website which is www.ssa.gov. Through this website, you can apply for the $487 social security check in June 2024.
If you are new to this website, then you have to sign up with a valid ID and password. If you have already done this step, then log in with your ID and password.
After logging in the application window will be open. Now you have to start the application process. You have to fill all the categories with accurate information. While uploading the SSDI and SSI category you should be very careful. Make sure that all the information provided by you must be accurate.
After that, you should upload all the necessary identity proof like nationality, age proof etc. You can upload voter ID, passport, green card etc.
After uploading all the documents, click on the submit button. But it is necessary to review all the documents twice or thrice before submitting.

FAQ’s regarding $487 social security check 2024:

Who will get the $487 increased social security check benefit?

The citizens of the U.S. who come under the category of SSDI and SSI will get this benefit.

Has official date announced for $487 social security check 2024?

Till now the official date has not been announced. But the candidates will get the benefits according to their date of birth. If you want any further information you can check the official website www.ssa.gov.