The average retirement or disability benefit payment in the United States increases somewhat each year. The Social Security Administration pays these benefits in a timely manner, whether they are in the average pension range or not. The important aspect of this whole issue is that you have an accepted benefit. For this you should have received your Award Letter and then done all the necessary steps. This will cause the Social Security Administration to pay you a monthly check for the amount of your pension.
And the best part of this system is that you don’t have to do anything else to get paid the following month. Every month, the Social Security Administration sends the money automatically. This automated system makes the process much faster. So if you are waiting to collect your pension, it should be in your bank account by the 28th, since it is the last payment of the month. The SSA sends the payments on 3 different days, which are the second, third and fourth Wednesday of the month.
Who receives the next September Social Security check?
The third and final Social Security payment for the month of September is for those born between the 21st and 31st of the month. This system allows payments to be sent in a staggered manner. In this way, payments are not delayed in the calendar and all recipients can receive the money on the agreed date.
Even so, it is good to have Direct Deposit activated. With this method you don’t need to have a bank account, but you do have a card to use. You can make as many payments as you want, just like a credit or debit card. You will automatically receive your retirement or disability pension money on this card, so you don’t have to wait.
SSA’s schedule of payments
The SSA payment schedule always follows the same order, with some exceptions. On the one hand, we have the Supplemental Security Income payment, which is a financial benefit for people with low income. Social Security pays this benefit on the 1st of each month, although if that day is a holiday it changes a little. In that situation, SSA sends the payment on the immediately preceding business day.
On the other hand, the second, third and fourth Wednesdays of the month are the days that Social Security pay pensions. In that order, there are three groups of retirees: those born between the 1st and 10th of the month, those born between the 11th and 20th of the month and, finally, those born between the 21st and 31st of the month. Knowing this information, you will be able to know exactly what day you will receive your pension.