697 Direct Deposit Checks: What is this payment and who will be getting it?

By Anzil Sheikh

Updated on:

Social Security and SSI recipients have been receiving their scheduled payments, with some important dates to be aware of.

For Social Security Disability Insurance (SSDI) recipients, the most recent payment was issued on August 21 for individuals born between the 11th and 20th of any month. Another SSDI payment is expected later this month.

Supplemental Security Income (SSI) recipients, who received their initial payment of the month on August 1, will receive their next payment on August 30. This payment is for September, as SSI typically issues only one payment per month.

SSI recipients should ensure that the Social Security Administration is informed of any changes that might affect their eligibility before August 30 to prevent any discrepancies in their payment amounts.

SSDI recipients who meet certain criteria—including those who do not receive SSI, began receiving SSDI after May 1997, and have birthdays between the 21st and 31st—are scheduled to receive their payment on August 28, 2024.

How much will beneficiaries receive?

The payment amounts vary. For SSDI, monthly benefits can reach up to $3,822 for those who were high earners over a 35-year period. On average, SSDI payments are approximately $1,537, while the average SSI payment is $697. The maximum SSI payments are $943 for individuals, $1,415 for eligible couples, and $472 for essential persons.

In 2024, the maximum SSDI benefit is $3,822 per month. SSI payments can reach up to $943 for individuals, $1,415 for couples, and $472 for essential persons.

What are the $697 direct deposit checks?

There have been rumors about $697 direct deposit checks, but there has been no official confirmation from the Social Security Administration (SSA).

These claims have generated interest, but it is essential for individuals to rely on verified information from reputable sources and monitor the SSA’s official website for any legitimate updates regarding such payments.


Disclaimer- We are committed to fair and transparent journalism. Our Journalists verify all details before publishing any news. For any issues with our content, please contact us via email. 

Anzil Sheikh

Anzil Sheikh dedicated writer who focuses on veterans and the benefits they receive from the government. My content provides valuable, up-to-date information on government policies, ensuring that veterans stay informed about the latest developments that impact their lives. With a deep commitment to supporting those who have served, my writing offers clarity and guidance on navigating the complex landscape of veteran benefits and government programs.

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