Social Security Payment Schedule for August 2024 | SSA & SSI

Welcome back to "This Life No Balance"! In this video, we’ll break down the Social Security payment schedule for August 2024. Whether you're a retiree, a person with disabilities, or receive Supplemental Security Income (SSI), it's crucial to know your payment dates to manage your finances effectively.

Here's what we'll cover:
- Payment dates based on your enrollment period and birthday
- Specific payment dates for those receiving both Social Security and SSI
- Practical tips for managing your Social Security payments
- Important information about Cost of Living Adjustments (COLA) and Medicare deductions
- Online resources to track and manage your payments

Stay informed with these practical tips:
- Set up direct deposit
- Create and adjust a monthly budget
- Stay updated on policy changes
- Be aware of scams
- Utilize community resources

If your payment doesn’t arrive on time, remember to wait three extra mailing days before contacting the SSA, and try calling midweek evenings to avoid long wait times.

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