» » Social Security Payments for August: When You'll Get Your Money Here are the payout dates for August and what to do if you don't receive your Social Security check this month.

Social Security Payments for August: When You'll Get Your Money Here are the payout dates for August and what to do if you don't receive your Social Security check this month.

Social Security Payments for August: When You'll Get Your Money Here are the payout dates for August and what to do if you don't receive your Social Security check this month.

The primary spherical of Social Safety funds was disbursed this week for the month of August, however there’s extra to come back. Roughly 65 million People obtain Social Safety advantages, so the Social Safety Administration sends out its month-to-month checks in 4 batches to handle the large quantity of mailing vital. The following fee will probably be despatched out subsequent week. 

As a result of hovering inflation we have seen over the previous yr, Social Safety advantages might quickly see their largest enhance in 40 years. You must obtain a letter in December informing you of your profit fee for the subsequent yr. It’s also possible to entry your advantages on-line on the Social Safety Administration’s web site.

See under to search out out whenever you’ll get your subsequent Social Safety verify and the way your fee date is decided. For extra, this is how one can change your Social Safety card and how one can know when it is secure to share your Social Safety quantity. Additionally, this is what you might want to find out about altering your Social Safety quantity. And listed here are the states taking a look at increasing little one tax credit.

Learn extra: Stimulus Checks: 18 States Are Sending Tax Rebates to Residents

How are Social Safety fee dates decided?

The Social Safety Administration sends out funds on three totally different Wednesdays of every month — the second, third and fourth Wednesday. The Wednesday you will get your cash all is dependent upon your start date. We’ll break it down.

  • In case your birthday falls between the first and 10th of the month, your fee will probably be despatched out on the second Wednesday of the month.
  • In case your birthday falls between the 11th and 20th of the month, your fee will probably be despatched out on the third Wednesday of the month.
  • In case your birthday falls between the 21st and 31st of the month, your fee will probably be despatched out on the fourth Wednesday of the month.

See the August schedule under.

What if I obtain each Social Safety and SSI?

Should you acquired Social Safety advantages earlier than Might 1997, or in case you obtain each Social Safety and Supplemental Safety Earnings, the fee schedule is totally different. As a substitute, you will obtain your Social Safety fee on the third day of every month and your SSI on the primary day of every month.

Nonetheless, these fee dates change if the first or third of the month falls on a weekend. For example, April Three fell on a Sunday this yr so you’d’ve acquired your Social Safety fee two days early, on April 1.

When will I get my August Social Safety verify?

Here is the August schedule (PDF) for when you would get your Social Safety verify and/or SSI cash.

  • August 1: Fee for individuals who obtain SSI.
  • August 3: Social Safety fee for individuals who obtain each SSI and Social Safety, or have acquired Social Safety since earlier than Might 1997. 
  • August 10: Social Safety fee for these with birthdays falling between the primary and 10th of any given month.
  • August 17: Social Safety fee for these with birthdays falling between the 11th and 20th of any given month.
  • August 24: Social Safety fee for these with birthdays falling between the 21st and 31st of any given month.

Word that July 27 was the ultimate fee date for June.

What if I do not obtain my verify on the anticipated date?

In case your verify does not arrive on the date listed above primarily based in your start date or different circumstances, the Social Safety Administration says to attend three further mailing days earlier than calling. Should you nonetheless have not acquired it, you’ll be able to then name 800-772-1213 to talk with a consultant. 

The SSA notes that wait occasions to talk with a consultant are shorter Wednesday by Friday and later within the day (between four p.m. and seven p.m. native time).

Whilst you wait, you may as well entry your Social Safety advantages on-line by visiting ssa.gov/myaccount.

We’ll replace this story every month because the fee dates change.

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