Citizens of the United States have the possibility of joining Social Security after being workers for a long time. This system ensures that retired people can have money every month to live on. It doesn’t matter if you need the money to pay bills or just want to enjoy your time off traveling. The only thing that really matters is knowing that you will receive your benefit and be able to draw on your Social Security money in the next few days.
The people who will receive a Social Security payment this week are all those born between the 1st and 10th of the month. This does not mean that the person must have been born in this month of August. It does not matter what month you were born in. What is important is only the day. Therefore, on these days you will have in your bank accountthe money from your Social Security check.
In addition to this, you also have to take into account that sometimes payments can be delayed. The Social Security Administration sends the payment on the 10th, but it can take up to 3 days to reach you. This is the case if you have a bank account. There are other methods, such as Direct Express, where you receive your SSA check automatically. This method does not require a bank account.
Therefore, the general information is that people born between the 1st and 10th of the month will always receive their benefit on the same date. The day chosen is always the second Wednesday of the month. On the other hand, if you were born between the 11th and 20th of the month, you will receive the money later. Finally, there is a third group for people born between the 21st and 31st.
Thanks to this Social Security system everyone knows when they will receive their Social Security benefit. In this way it is easier to organize the family economy and to have under control all the money coming into a household. Knowing the calendar in advance is a great advantage that many people are grateful to the SSA for.
August calendar for retirement benefits
Every month the formula repeats itself in terms of payments. The second week of the month corresponds to the first payment, the third week the Social Security Administration sends the second payment and, finally, the fourth week of the month the third payment occurs. On the other hand, there is also the Supplemental Security Income payment, which is made on the 1st of each month.
Therefore, the Social Security payment schedule for August is as follows:
August 10: persons born between the 1st and 10th of the month.
August 17: persons born between the 11th and 20th of the month.
August 24: persons born between the 21st and 31st of the month.
If your birthday is on or after the 10th, don’t hesitate to check when you will receive your Social Security benefits in our economy section.