Social Security Direct Deposit Schedule 2024 Release Date

Social Security Direct Deposit Schedule 2024 Release Date. Direct deposit payments to bank accounts of direct express debit cards typically arrive on time. 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.

The 2024 cola gave the average social security recipient around $59 more per month than 2023. The social security pay schedule provides a consistent and predictable payment structure for recipients, ensuring they can budget and plan accordingly.