Social Security Administration payments are on a fixed schedule from the beginning of the year. This makes it so that all United States citizens can have a stable financial plan without the need to wonder when they will receive their money. The only bad part of it all is that sometimes the calendar can change slightly due to holidays and vacations. Even so, the Social Security Administration publishes the calendar with this detail in mind.
Therefore, to find out what day you will collect your Social Security benefit you only need to know your day of birth. Retirement benefit payments are made on the second, third or fourth Wednesday of the month. Beneficiaries are divided into three groups based on their birthday for the SSA to send you payments. This is a very easy method that ensures perfect organization.
Who receives Social Security payments this week?
It doesn’t matter if your Social Security payment is the maximum $4,194 or you fall into the average of about $1,600 a month. The Administration will send out retirement benefit payments this week to people born between the 21st and 31st. If your birthday is between these two dates, you will receive the money in your bank account very soon, specifically on August 24.
If the payment is delayed you can always contact your bank to see if there is a problem. After 3 days you should have the money in your account. Otherwise, if the bank does not propose a solution, contact the Social Security Administration to solve the situation. Usually these errors are due to a change of information or small details that are easy to fix.
When is the next benefit payment?
It is not until September that we will see the next benefit payment. After the August 24 payment, the Social Security Administration will send benefits in September on the following days:
- September 1: SSI payment.
- September 14: Payment of the retirement benefit to persons born between the 1st and 10th of the month.
- September 21: Social Security will send payments for people with birthdays between the 11th and 20th.
- September 28: On this day, people born between the 21st and 31st will receive their benefits.
- Septiember 30: SSI payment (October).