Your July Social Security Payments: What You Need to Know

Money Explainers

Get ready for your July Social Security payment!  Find out exactly when your benefits will arrive based on your birth date and payment type. Don't miss this crucial update! Your Social Security check is coming!  Learn the specific payment dates for July 2025, including special schedules for SSI and those who started benefits pre-1997. Plan your finances with confidence! #SocialSecurity. #JulyPayments. #RetirementBenefits.

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00:00More than 70 million Americans rely on Social Security, and knowing when your payment arrives

00:05is crucial. In July 2025, benefits will be dispersed on specific dates, largely based

00:13on your birth date. If you began receiving retirement, spousal, or survivor benefits

00:19before May 1997, or if you also received Supplemental Security Income, known as SSI,

00:27your payment schedule is different. SSI provides vital monthly support to eligible adults and

00:33children with disabilities or blindness, and to adults 65 and older. Let's break down the July

00:40payment schedule. Mark your calendars. On Tuesday, July 1, SSI payments will be issued. Then, on

00:49Thursday, July 3, retirement benefits will go out to those who started collecting checks before May

00:551997, as well as retirees who also collect SSI. For the majority of beneficiaries, your birth date

01:03determines your payment day. Wednesday, July 9, is for those born between the 1st and 10th of any month.

01:11Wednesday, July 16, is for those with birthdays between the 11th and 20th. And finally, Wednesday,

01:18July 23, is for those born between the 21st and 31st. How much can you expect? The average retired

01:26worker benefit in May 2025 hit a new high, crossing the $2,000 mark for the first time, reaching $2,002.39.

01:36SSI payments averaged $718.30 for its 7.4 million recipients that same month. It's important to

01:45remember that individual payments vary significantly. Your Social Security retirement benefit is

01:51calculated based on your highest 35 years of earnings, adjusted for inflation. Knowing these

01:58dates and understanding your benefit amount is key to managing your finances. Stay informed and plan

02:04ahead. Money Explainers

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