Residents of the United States of America who have been anxiously awaiting a change in their Social Security payment benefits will be able to collect a 24% Social Security Bonus in June 2024.
Neither the Social Security Administration nor the federal government have issued an official statement confirming the payment dates.
24% Extra Social Security Benefits In June 2024
Financial assistance programs are managed by the federal government of the United States. For all US citizens who are still waiting on their SSDI or SSI payments, the federal government of the US will begin paying out an additional 24% of Social Security benefits in June 2024 to all eligible low-income citizens.
Due to the quick rise in inflation, the cost-of-living adjustment first affects the amount as well as the SSI, SSDI, and other Social Security payment benefits. In the current year, it has risen by 3.2%.
Those with little or no income at first find it difficult to pay their everyday bills. Benefits from Social Security are important to people and their families because they help them pay for everyday expenses. One needs to visit the official website, www.ssa.gov for details.
Eligibility Criteria Mentioned For 24% Extra Social Security Checks In June 2024
Individuals who meet the requirements for the 24% Extra Social Security Eligibility 2024 will get the increased amount of payments in their bank account.
- Retired seniors at the age of 62 years or above are eligible for extra social security benefits.
- Candidates must have earned sufficient credit points in their working period.
- Candidates with disabilities must have documents regarding their disability.
- Candidates must meet the mentioned low-income criteria.
Payment Dates For 24% Extra Social Security Check June 2024
According to some recent updates, recipients of Social Security payments would enjoy a 24% boost in their payouts in the coming days. COLA adjustments are the main cause of this increase.
The beneficiaries’ dates of birth determine their payment dates.
| Birthdates | Payment dates |
| 1 to 10th | 2nd Wednesday |
| 11 to 20th | 3rd Wednesday |
| 21 to 30th | 4th Wednesday |