If you live in the United States and are a Social Security beneficiary you may receive a benefit check this week. The check may be $4,194 at most for an individual person. While it is true that that amount of money is for a small number of former workers, your check could be close to that figure as well. The important thing is that the Social Security Administration sends the payment and you will be able to receive it soon.
To find out if it’s your turn to collect Social Security this week you simply need to know your birthday. With this information alone you can find out when you can receive your payment of up to $4,194 from the SSA. This week is the third Wednesday of the month, so only those who can get paid on this day will receive it this week.
Who gets Social Security payment on the 3rd Wednesday of the month?
This week’s Wednesday is the 3rd Wednesday of the month. This Wednesday, July 20, 2022, the Social Security Administration will send the money to everyone born between the 11th and 20th of the month. If your birthday falls between these days, you can receive your SSA payment this week. Otherwise, you will have to wait a little longer to receive your payment.
Every month the SSA has the same mechanics, so next August you will receive your payment on the third Wednesday of the month as well. In this sense, if your birthday is between the 11th and 20th of the month you will know the exact date you will have the money in your bank account. It is a good system so that everyone can know the exact day.
How long does it take for the SSA to pay the retirement benefit?
The Social Security Administration sends all eligible beneficiaries their benefit on the same day. But not everyone can receive the payment at the same time. It depends on the bank where you have your bank account. Some take longer to receive the money and that is the main reason. On the other hand, there is also the option of using Direct Express, a card without an associated bank account where you receive the money immediately.
When you find yourself in the unpleasant situation where you have not received your money after several days, contact your local office. There they will be able to benefit you with any kind of problem that arises with the payment of Social Security. If after three days you have not received the money, go immediately to find a solution.