According to the report of VIBUS, In July 2024, individuals with disabilities in the United States will be receiving new stimulus checks up to $4,000. This initiative, announced by the Social Security Administration (SSA), aims to assist those who are retired, have disabilities, or receive Supplemental Security Income (SSI). The checks are designed to help cover essential expenses such as housing and healthcare, particularly amid rising living costs.
The SSA has outlined the payment schedule for July:
- Individuals born between the 1st and 10th have already received their checks.
- Those born between the 11th and 20th will receive their payments on July 17.
- Individuals born between the 21st and 31st will receive their payments on July 24.
READ MORE: Social Security Recipients: No $2,000 Debit Cards for SSI and SSDI
3.2% Cost-of-Living Adjustment in July Stimulus Payments: What to Expect for 2025
This month’s payments also include a 3.2% cost-of-living increase to help counteract inflation, with a projected 2.2% increase expected for 2025. This adjustment is crucial to maintaining the value of benefits despite the increasing cost of living. The SSA’s regular updates and payments are intended to support those who depend on these benefits, helping them manage their finances more effectively.
