If you are currently receiving Social Security Retirement benefits or disability benefits (SSDI or SSI), knowing your payment schedule is crucial for financial planning. In this article, we provide you with the Social Security payment schedule for July 2023.
Find out when your July check is coming and learn how the payment dates are determined.
Additionally, get answers to the top Social Security and disability questions.
Table of Contents:
- How are Social Security payment dates determined?
- Social Security Payment Schedule for July 2023
- SSI Payment Schedule for July 2023
- The Complete 2023 Social Security Payment Schedule
- Top Questions About Social Security Benefits
How are Social Security payment dates determined?
The Social Security Administration disburses payments for Social Security Retirement and SSDI benefits on the second, third, and fourth Wednesdays of each month based on your birth date:
- Birthdays between the 1st and 10th: Payments are sent out on the second Wednesday.
- Birthdays between the 11th and 20th: Payments are sent out on the third Wednesday.
- Birthdays between the 21st and 31st: Payments are sent out on the fourth Wednesday.
What if I receive both Social Security and SSI?
If you receive both Social Security benefits and SSI, the payment schedule is different.
You will receive your Social Security payment on the third day of each month and your SSI payment on the first day of each month.
However, these dates may change if they fall on a weekend or holiday.
Social Security Payment Schedule for July 2023
July 12. If your birthday falls on any day from the first to the 10th of your birth month, you’ll get your July Social Security payment on the second Wednesday in July.
July 19. If your birthday falls on any day from the 11th to the 20th of your birth month, you’ll get your July Social Security payment on the third Wednesday in July.
July 26. If your birthday falls after the 20th of your birth month, you’ll get your July Social Security payment on the fourth Wednesday in July.
SSI Payment Schedule for July 2023
June 30th. Supplemental Security Income (SSI) payments are made on the first of each month unless the first of the month falls on a weekend or a holiday – at which point payment will be deposited the business day before.
Other Social Security Payments Schedule for July 2023
In general, you’ll be paid on July 3 if:
You live outside the U.S.
You receive both SSI and Social Security benefits.
Your state pays your Medicare premiums.
You filed for Social Security benefits before 1997.
The Complete 2023 Social Security Payment Schedule
For a breakdown of the payment calendar by month, see our Month by Month 2023 Social Security Calendar below, which shows you the payment dates for SS, SSI, and SSDI by month.
You can also reference the table below for a complete list of dates for the rest of the year.
| 2023 | SSI | SS & SSDI (Birthdate 1st – 10th) | SS & SSDI (Birthdate 11th- 20th) | SS & SSDI (Birthdate 21st – 31st) | Both SS & SSI |
| January | 30-Dec-2022 | 11th | 18th | 25th | 3 |
| February | 1 | 8th | 15th | 22nd | 3 |
| March | 1 | 8th | 15th | 22nd | 3 |
| April | 31-Mar-2023 | 12th | 19th | 26th | 3 |
| May | 1 | 10th | 17th | 24th | 3 |
| June | 1 | 14th | 21st | 28th | 2 |
| July | 30-June-2023 | 12th | 19th | 26th | 3 |
| August | 1 | 9th | 16th | 23rd | 3 |
| September | 1 | 13th | 20th | 27th | 1 |
| October | 29-Sep-2023 | 11th | 18th | 25th | 3 |
| November | 1 | 8th | 15th | 22nd | 3 |
| December | 1 | 13th | 20th | 27th | 1 |
Top Questions About Social Security Benefits
Here are the most frequently asked questions about Social Security benefits and payments:
What if I don’t receive my check on the expected date?
If your check doesn’t arrive on the expected date, the Social Security Administration advises waiting three additional mailing days before reaching out.
If you still haven’t received it, contact a representative at 800-772-1213.
Remember that wait times are shorter on weekdays and between 4 p.m. and 7 p.m.
Is Social Security Going Bankrupt?
Social Security is not going to go bankrupt, but it does face funding challenges.
Social Security is primarily funded through a dedicated payroll tax, and as long as workers and employers continue to pay these taxes, benefit payments will continue.
The program also receives funding from income taxes paid on a portion of the benefits.
Claims that Social Security will go bankrupt are false because the program always receives income from taxes.
However, the program’s trust fund reserves could be depleted within the next decade, which could lead to lower benefit payments in the future.
The costs of Social Security are increasing as more baby boomers retire and collect benefits.
If Congress does not take action, the trust funds will eventually run out of cash reserves, resulting in reduced benefit payments.
The Old-Age Survivors Insurance (OASI) Trust Fund is projected to be able to pay full benefits until 2033, after which it may only be able to pay out 77% of scheduled benefits.
The Disability Insurance (DI) Trust Fund, on the other hand, is expected to make full benefit payments through 2097.
Are social security survivor benefits for children considered taxable income?
Social Security survivor benefits for children can be taxable.
However, typically the additional income they receive isn’t enough to make their benefits taxable.
The taxability depends on the income of the person entitled to the benefits.
If both the child and the parent receive benefits, their taxability should be calculated separately.
If the child’s total income, including half of their social security benefits, exceeds the base amount for their filing status, a portion of their benefits may be taxable.
Detailed instructions for calculating the taxable amount can be found in the IRS publications.
What is the 2023 COLA for Social Security?
The Social Security Administration announced the 2023 COLA increase in October 2022.
The COLA for 2024 is already predicted to be much lower than 2023.
Here’s what you should know.
For 2023, Social Security beneficiaries will see an 8.7% increase in benefits to account for inflation.
Here’s the list of COLA for the last thirteen years.
Social Security COLA History
Here’s a look at COLA increases since 2011.
2023: 8.7
2022: 5.9
2021: 1.3
2020: 1.6%
2019: 2.8%
2018: 2%
2017: 0.3%
2016: No increase.
2015: 1.7%
2014: 1.5%
2013: 1.7%
2012: 1.7%
2011: 3.6%
Schedule of Social Security Payments for July 2023 Summary
Here’s the bottom line:
Knowing the Social Security payment schedule is essential for managing your finances effectively.
In July 2023, Social Security payments will be disbursed according to specific dates based on your birth month.
If you receive both Social Security and SSI, the payment schedule differs slightly.
If there is any delays or issues with your payment, follow the recommended steps and contact the Social Security Administration.
Payment Schedule
Social Security Retirement Benefits and SSDI payments for the month of July will be deposited on the following dates depending on your date of birth:
- 12th of July
- 19th of July, and
- 26th of July
SSI Recipients
You will receive your benefits on, June 30th, 2023.
Both SSI and Social Security
You will receive your benefits on July 3, 2023.
Still Have Questions?
If you have any questions about the Schedule of Social Security Payments for July 2023, please ask us in the comments section below.
If you found this article about the Social Security Payment Schedule helpful, please help us get the word out by sharing it using the “Share This” button below.
Also, be sure to check out our other articles on:
