Social Security Direct Deposit Schedule 2024 Release Date. For supplemental security income recipients, the payment schedule for general social security recipients is still on wednesdays, depending on birthdate. The ssa will issue social security benefit payments for july 2024 on the 1st of the month, as well as the second, third, or fourth wednesday of the month (depending.

First, social security benefits can be distributed via direct deposit. Federal law states that social security benefits (and all other federal benefits) must be paid electronically through direct deposit to your bank account or onto a direct express debit.