In the United States, Social Security is essential for many people. Retirees receive their benefit every month to be able to pay for their house, their food and all their expenses. These Social Security payments ensure that these people have a good retirement and that they have problems to live well all the time. That is why the days of receiving retirement money are so important to many people.
Therefore, you should know the July 2022 Social Security payment schedule perfectly. This information is very important so that you can be in full control of your money and know when it will be available to you. Don’t forget that the date of payment changes depending on the day of birth, so pay attention to this information so that you have everything clear.
Social Security payments in July 2022
In the month of July 2022 Social Security payments will come out on the 13th, 20th and 27th. The day depends on your date of birth. If you were born from the 1st to the 10th of the month, you will have the payment date on the 13th. For people born between the 11th and 20th, the benefit payment date is the 20th of July. Finally, if you were born between the 21st and 31st, the date will be July 27th.
Knowing the Wednesday of the month rule makes it easy for you to know exactly when you will receive your Social Security payment. The rule applies every month of the year, except Wednesday, which is a public holiday, which is not very common in the United States. Therefore, you should know that Social Security will always send you your payment on Wednesday.
Consequently, people born between the 1st and the 10th of the month will receive a Social Security pension on the second Wednesday of the month. In the same way, people born between the 11th and 20th of the month will be able to receive money on the third Wednesday of the month. Finally, all those born between the 21st and the 31st will receive their wages on the fourth Wednesday of the month.
Also, if you are not yet collecting Social Security remember that there are ways to increase your monthly check. One of the key elements to getting more pension money is your retirement age. If you wait until age 70 you could have a bonus of up to $16,728 per year.
2022 Social Security Schedule
During 2022 you will receive Social Security payments on the following dates:
- Second Wednesday: July 13
- Third Wednesday: July 20
- Fourth Wednesday: July 27
- Second Wednesday: August 10
- Third Wednesday: August 17
- Fourth Wednesday: August 24
- Second Wednesday: September 14
- Third Wednesday: September 21
- Fourth Wednesday: September 28
- Second Wednesday: October 12
- Third Wednesday: October 19
- Fourth Wednesday: October 26
- Second Wednesday: November 9
- Third Wednesday: November 16
- Fourth Wednesday: November 23
- Second Wednesday: December 14
- Third Wednesday: December 21
- Fourth Wednesday: December 28
With this information you will be able to know well in advance which day your Social Security will be paid each month. In this way, you can organize your household finances in a simple and easy way.
If you choose to receive your pension through Direct Express, the money should appear immediately. If you choose the bank account, the money may take up to 3 days. All methods are different and you can choose the one you like best.