Social Security Trust Fund is expected to dry out within 10 years
The main trust funds used to pay Social Security benefits are projected to run out by 2033 if lawmakers do not make changes to the system.
Straight Arrow News
Social Security payments will be on sale this month on a regular schedule. However, if your Social Security Agency (SSA) happens to have overpaid, the check can quickly become a little smaller.
This is because SSA is expected to withhold 50% of the profits of those who received overpayments in late July but have not yet begun repayments. According to KFF and Cox Media Group, SSA attempted to collect overpayments from around 2 million people in the fiscal year ended September 2023.
Social Security Benefits – primarily for older or retired people – usually paid on Wednesdays. Payment date depends on the date of birth. If that drops between the first and tenth days of the month, payments will be issued on the second Wednesday of the month (this month is July 9th), according to the Social Security Agency calendar.
According to the SSA calendar, the remaining payments will be made on subsequent Wednesdays and will be paid by recipients born on Wednesday the 11th (July 16th) and after receiving payments on the 20th of the month (July 23rd).
Social Security recipients who have begun receiving benefits by May 1997 will be paid on the third day of the month. The same goes for recipients who receive SSI payments.
Social Security Payment Schedule for July
Social Security Administration’s annual distribution schedule for 2025 and 2026 is available online if you need to check the calendar for budgeting purposes.
Regular Social Security retirement benefits for July will be sent on the regular SSA schedule.
- Wednesday, July 9th: Your date of birth is between the first and ten days of the month.
- Wednesday, July 16th: Your date of birth is from the 11th to the 20th of the month.
- Wednesday, July 23rd: Your date of birth is from the 21st to the 31st of the month.
SSI Payment Schedule for the remaining July of 2025
According to the SSA calendar, recipients of the supplemental security revenue check will be paid on Tuesday, January 1st, Monday, July 1st.
- Tuesday, July 1st, 2025 (Checked in July 2025)
- Friday, August 1st, 2025 (Checked August 2025)
- Friday, August 29th, 2025 (checks for September 2025)
- Wednesday, October 1st, 2025 (checks for October 2025)
- Friday, October 31st, 2025 (checks for November 2025)
- Monday, December 1st, 2025 (Checked December 2025)
- Wednesday, December 31st, 2025 (Checked January 2026)
What is SSI?
Supplementary Security Income (SSI) is a benefits program for those with limited income or resources, those over the age of 65, or those with blind or qualified disabilities. According to the SSA website, eligible children with disabilities are also eligible. Adults who qualify for SSI typically do not pay monthly wages above $2,019.
Anyone who may be eligible for an SSI can call online, directly at your local Social Security Agency, or by calling 1-800-772-1213 (TTY 1-800-325-0778) local time from 8am to 7pm local time during work week.
Mike Snyder is a reporter for the trending team at USA Today. You can follow him in the thread, send BlueSky, X with X and send him an email Bliss & @mikegsnider.bsky.social & @mikesnider &msnider@usatoday.com
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