The retirement benefit payment system in the United States works the same way every month. The Social Security Administration sends the money to former workers on the same dates so that it is available to them. This schedule is very easy to remember and understand.
To find out when Social Security will send your retirement benefit you only need to have your date of birth. With just the day you were born you will be able to find out if your retirement payment will be sooner or later.
The great advantage of this payment system created by the Social Security Administration is that it is timely and easy to understand. And it doesn’t matter if you only get retirement benefits or SSI (Supplemental Security Income). You can see all the dates on which the SSA will send payments to the beneficiaries in this calendar.
Social Security Benefits Schedule for August 2022
The calendar follows the same pattern as every month. You just need to know your day of birth and you can know perfectly when you will receive your retirement benefit from the Social Security Administration. The calendar is as follows:
- August 1: SSA will send all SSI payments.
- August 10: The Social Security Administration will send benefits to people born between the 1st and 10th of the month.
- August 17: They will send payments to individuals born between the 11th and 20th of the month.
- August 24: The Administration will send Social Security to people born between the 21st and 30th of the month.
As you can see, the SSA payment days are the second, third and fourth Wednesday of the month. This schedule repeats the same every month, so you can already know when you will receive your money in August. Disability benefits are also sent on the same days, along with retirement benefits.
Read more: How do I claim the Supplemental Security Income (SSI) COLA?
When will I receive my benefit payment?
The Social Security Administration always sends the payment on the second Wednesday, the third Wednesday and the fourth Wednesday. But not everyone receives their payment on the same day. Sometimes it can take up to 3 days for the money to appear in your bank account. You must be patient because sometimes it can take a little longer.
To avoid this possible wait, there is the Direct Express card. With this card you don’t have to wonder what to do if I don’t receive my benefit on time, as you will receive it directly and immediately. Moreover, this card does not require you to have a bank account. It works as a card where you can receive your Social Security and pay all your bills with it.