If you are looking for the July 2020 Social Security Payment schedule, look no further. We can help you. If you are currently getting Social Security Retirement benefits, or disability benefits, including SSDI or SSI, knowing your payment schedule is critical to planning your monthly finances.
In the post below, we have explained in detail how the monthly payment calendar for 2020 works and provided you with the specific dates on which your July benefit payments will be deposited into your account.
This Post will Cover:
- How Social Security Payment Schedule Works
- July 2020 Social Security Payment Schedule
- What To Do If You Don’t Recieve Your Benefits
- Social Security Payments Questions
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How Social Security Payment Schedule Works
When you receive your Social Security benefits (SS and SSDI) depends on your birthday.
- If your birthday falls between the 1st and 10th of the month, you’ll receive SSDI benefits on the 2nd Wednesday of every month.
- If your birthday falls between the 11th and 20th of the month, your benefits will come on the 3rd Wednesday of every month.
- If your birthday falls between the 21st and the last day of the month, your payments will come on the 4th Wednesday of every month.
July 2020 Social Security Payment Schedule
If you are on Social Security benefits, planning ahead is a big part of making sure your benefit payments go the distance.
As you plan for the month of July 2020, knowing when you can expect to get your Social Security checks is important.
You can plan accordingly and make sure your bills are paid on time. It also helps you avoid surprises in case your benefit payment is going to be delayed due to a weekend or holiday.
Here is when to Expect Your Social Security Payment for July:
Social Security and Social Security Disability Insurance (SS and SSDI)
For those receiving Social Security Retirement Benefit or Disability Benefits, here is your payment schedule for July:
- If your birth date falls on the 1st – 10th day of the month, benefits are paid on July 8th.
- If your birth date falls on the 11th – 20th day of the month, benefits are paid on July 15th.
- If your birth date falls on the 21st – 31st day of the month, benefits are paid on July 22nd.
Supplemental Security Income (SSI)
If you receive Supplemental Security Income (SSI), you will receive your payments on the 1st of each month.
The exception is when the 1st falls on a weekend or holiday.
If the first falls on a holiday, then you will receive your payment the business day before.
However, if the first falls on a weekend, you’ll receive your payment on the preceding Friday.
Since July 1, 2020, falls on a Wednesday, you will receive your SSI benefits on Wednesday, July 1, 2020.
Exceptions
If you started receiving benefits (SS or SSDI) Prior to May 1997, or you are currently receiving both Social Security and SSI payments, you will receive your payments on the 3rd of each month.
If the 3rd falls on a weekend or holiday, you will receive your payment on the preceding Friday.
The exception is when the 3rd falls on a weekend or holiday.
If the 3rd falls on a holiday, then you will receive your payment the business day before.
However, if the 3rd falls on a weekend, you’ll receive your payment on the preceding Friday.
The Complete 2020 Social Security Payment Schedule
If you would like to look ahead and see when payments will be made for the coming months in 2020, see the complete 2020 Social Security Schedule Dates here.
For a breakdown of the payment calendar by month, see our Month by Month 2020 Social Security Calendar, 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.
| 2020 | SSI | SSDI (Birthdate 1st – 10th) | SSDI (Birthdate 11th- 20th) | SSDI (Birthdate 21st – 31st) | Both SSI/SSDI |
| January | 31-Dec-2019 | 8th | 15th | 22nd | 3 |
| February | 31-Jan-2020 | 12th | 19th | 26th | 3 |
| March | 28-Feb-2020 | 11th | 18th | 25th | 3 |
| April | 1 | 8th | 15th | 22nd | 3 |
| May | 1 | 13th | 20th | 27th | 1 |
| June | 1 | 10th | 17th | 24th | 3 |
| July | 1 | 8th | 15th | 22nd | 3 |
| August | 31-Jul-2020 | 12th | 19th | 26th | 3 |
| September | 1 | 9th | 16th | 23rd | 3 |
| October | 1 | 14th | 21st | 28th | 2 |
| November | 30-Oct-2020 | 10th | 18th | 25th | 3 |
| December | 1 | 9th | 16th | 23rd | 3 |
Social Security Payments Questions
What To Do If You Don’t Recieve Your Benefits
If you do not receive your payment on your specified day or date, the Social Security Administration asks that you wait three mailing days before contacting them.
You can contact Social Security at 1-800-772-1213.
What if I get an overpayment?
If you are notified by the Social Security Administration of an overpayment, you have the right to appeal the overpayment decision or request that they waive (not collect) the incorrect payment.
The Social Security Administration may stop the collection of the overpayment if:
- It was not your fault that you received an overpayment; and
- Paying it back would cause you financial hardship or be unfair for some other reason.
How much is COLA for 2020 and when will I receive it?
The Social Security Cost of Living Adjustment (also known as COLA) will see an increase of 1.6% in 2020.
The increase will begin with benefits that Social Security beneficiaries receive in January 2020. Increased SSI payments will begin on December 31, 2019.
Can I split my Social Security direct deposit between two bank accounts?
Currently, the Social Security Administration only allows a direct deposit to a single account (e.g. checking account, savings account, or prepaid card account like Direct Express).
One way to split your payment is to make an arrangement with your financial institution to transfer funds into your other bank accounts.
Can my Social Security benefits be garnished?
Your Social Security benefits cannot be garnished by a creditor to pay off consumer debt.
However, your Social Security benefits can be withheld to enforce your legal obligation to pay child support, alimony or restitution.
In addition, if you owe back taxes, The United States Department of the Treasury can withhold Social Security benefits to collect overdue federal tax debts.
If I get married, will it affect my SSI benefits?
If you get SSI benefits and you marry, your spouse’s income and resources may change your SSI benefit.
However, if you and your spouse both get SSI, your benefit amount will change from an individual rate to a couple’s rate.
If I get Supplemental Security Income (SSI) and work, do I have to report my earnings to Social Security?
Yes, if you currently receive SSI benefits and you start working, you are required by law to report your wages to the Social Security Administration.
Summary
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