The Complete Schedule for Social Security Checks
Social Security retirement benefits, like disability and survivor benefits, are generally paid in the month after the month in which they’re due. So, if you want to begin collecting Social Security payments in July, your benefits will be delivered in August.
However, the day of the month you were born determines your benefit payment. Here’s when you can expect to get your monthly paycheck.
If you were born:
From the 1st through the 10th, your check will be deposited on the second Wednesday of each month.
From the 11th to the 20th, your check will be deposited on the third Wednesday of each month.
From the 21st through the 31st, your check will be deposited on the fourth Wednesday of each month.
However, there are a few exceptions to this schedule. If your Social Security check is due on a holiday, it’ll be deposited the day before. Also, if you receive both SSI and Social Security payments, you’ll get your Social Security check on the third day of the month.
You should also be aware that Social Security payments are sent on the third day of the month to beneficiaries who began receiving benefits before 1997.
For a comprehensive list of payment dates in 2022, go to SSA.gov/pubs/EN-05-10031-2022.pdf.
Receiving Alternatives
You can get your income from Social Security in two ways. The most common one is direct deposit into a bank or credit union account since it’s simple, safe, and secure. If you don’t want this option or don’t have a bank account into which your payments may be transferred, you can purchase a Direct Express Debit MasterCard and have your benefits put into the card’s account.
This card may then be used to withdraw cash from ATMs, banks, or credit union tellers, pay bills online and by phone, make purchases at shops or places that accept Debit MasterCard and receive cash back, and purchase money orders at the U.S. Post Office. Your account is debited automatically when you spend or withdraw money. You may check your balance by phone, online, or at ATMs.
There’s also no cost to apply for the card, no monthly fees, and no overdraft fees. However, optional services, like multiple ATM withdrawals, have minor charges. Cardholders now receive one free ATM withdrawal per month; however extra monthly withdrawals cost 85 cents, plus a surcharge if you use a non-network ATM. For additional information, go to USDirectExpress.com or call 800-333-1795.
When and how to apply
The SSA advises applying for benefits three months before you expect to begin receiving payments. That’ll give you sufficient time to ensure you have all the information required to complete the application. A checklist of everything you’ll need may be found at SSA.gov/hlp/isba/10/isba-checklist.pdf.
You can apply for Social Security benefits online at SSA.gov, over the phone at 800-772-1213, or at your local Social Security office. Be sure to schedule an appointment first.
Contact Information:
Email: [email protected]
Phone: 3234811328
Bio:
For over 13 years, Jason Anderson has served as a Personal Financial Advisor, Estate and Retirement Planner, helping to educate individuals from all walks of life and income levels on wise money investment and planning for a comfortable lifestyle and retirement.
Over time, Jason Anderson has become the ‘Go-To’ leading authority on personal financial advising, financial planning, and analysis, as well as retirement planning and financial planning for SMALL BUSINESS OWNERS. He also provides HIGHLY Popular financial education seminars for groups. These financial seminars empower people to more effectively budget, plan, manage their money, and achieve their personal financial goals. As a result of the excellent results, praise, and feedback that their financial seminars have received, the City of Los Angeles, The AFL-CIO union groups, as well as several other organizations, have decided to partner with Jason to more effectively accomplish their mission. He was also honored to be showcased in the November 2014 issue of Forbes Magazine “Americas Financial Leaders” and has been dubbed by the media as ‘The Financial Educator.’
Jason is passionate about the work he does because it brings him joy to help his financial planning and advising clients reach their financial goals. He finds excitement in assisting families in saving and paying for their children’s college education without stress, thanks to the financial plans he designs for them. He also takes pride in witnessing clients reach retirement and enjoy it precisely the way they desire.
Personally, Jason finds joy in being a husband and father of two wonderful children. In his spare time, he enjoys traveling, sports, hiking, and reading.
He works with Employees, Business Professionals, Business Owners, and ‘High Net Worth’ People.
► Like to discuss your personal financial situation?
☏ Call Jason at (323) 481-1328 for a FREE Consultation
✉ Email him at [email protected]
Disclosure:
All annuity and life insurance products are designed to supplement securities as part of an overall plan. The recommendation of annuities and life insurance is not designed to eliminate the need for securities in any way.
