If you are a United States citizen and you are entitled to a Social Securitypension, you need to be familiar with the payment schedule. This schedule is essential to have full control of the money that goes into your bank account. In this sense, being a retiree can be very advantageous, since you receive your Social Security moneyon time. Every month you can know the same structure, although not every month you will receive the money on the same day.
Thus, the first of the payments made by the Social Security Administration in October belongs to people born between the 1st and 10th of the month. If your birthday falls on one of those days, you could receive your benefit on October 12. With Direct Deposit activated, payment is made immediately, so you can pay your bills the same day.
October Social Security Payments
In the second, third and fourth week of October you can receive payments pertaining to this Social Security benefit. This benefit is for both retirement and disability, so either condition is valid in order to receive it. If you have an accepted benefit, pay attention to this October payment schedule:
October 12th: First payment of the month. This payment is for people born between the 1st and 10th.
October 19th: Second payment of the month. On this day, people with birthdays between the 11th and 20th may receive Social Security.
October 26th: Third payment of the month. The fourth Wednesday of the month is the day for Social Security last payments. It is for those born between the 21st and 31st of the month.
It doesn’t matter what month you were born, just the day. They are totally separate things, so don’t worry if you weren’t born in October. What is really important is the day you were born. By knowing your date of birth, you will be able to know the day on which you will receive your full retirement benefits.
In addition, the payment is always made on time. The Social Security Administration has no delays in sending the money. However, the amount of the check may take several days to arrive due to external factors. When you have problems with receiving your payment, first call your bank to make sure that everything is okay and that they have not held the payment. After that, if you still need benefit assistance, contact your local Social Security office to resolve your benefit problems once and for all.