Social Security July 2026 payment schedule creates $11.5 billion SSI timing shift for investors
The July Social Security calendar is a cash-timing story for markets. It pulls one August Supplemental Security Income payment into July. It also moves the usual July 3 Social Security date to July 2, so benefit cash hits at both ends of the month. The July 1 payment covers SSI. The July 2 payment covers beneficiaries who started before May 1997 and other exception groups, because the government observes Independence Day on July 3 this year. The standard Social Security birthday waves land on July 8, July 15 and July 22. The August SSI payment goes out July 31 because Aug. 1 falls on a Saturday.