Social Security retirees living in the United States who were born between the 21st and 31st of the month will soon have a new retirement payment. To this we have to add another extra piece of information, and that is that it doesn’t matter what type of retirement. Whether you have a retirement age or disability benefit, the day of payment does not change. What does change the day the Social Security Administration sends you the money is your date of birth. For retirees born between the days listed above, the payment will arrive on October 26. This is the last of the SSA payments this month.
Therefore, if you were born before the 21st of the month, the payment should already be in your bank account. Three different payments have occurred in October, unlike most months. This is because the Supplemental Security Income payment did not occur in this month. This situation happens when the 1st of the month, which is when Social Security sends the SSI, is a weekend or holiday. Since the 1st of the month was a weekend in October, SSA sent this payment on the last business day of September. Even so, most beneficiaries received it in the first few days of October.
The Social Security Administration’s payment schedule always follows the same pattern and is very important to know. The payments are divided every month into three different groups. We are talking about the retirement subsidy payments. As for SSI, the payments are different, since, as we have commented above, the SSA sends them on the 1st of each month. These three groups base their division on the date of birth of the beneficiaries. Each Wednesday of the month you receive one of these different groups. Which group do you belong to?
Social Security Payment Days
Social Security payment days are divided into three different. The different groups of SSA beneficiaries are as follows:
- Beneficiaries born between the 1st and 10th.
- Beneficiaries born between the 11th and 20th.
- Beneficiaries born between the 21st and 31st.
The first of these groups always receives their benefits on the second Wednesday of the month. On the other hand, the Social Security Administration sends payment to the second group on the third Wednesday of the month. The last of the payments is on the fourth Wednesday of the month and goes to the last of the above groups. This is the best way to know when your benefit money will be in your bank account each month.