Tuesday, April 20, 2021

Social Security benefit payments schedule

 We talk here often about Social Security because it’s such a huge part of everyone’s retirement but I am not sure if we’ve mentioned when during the month you get your check. Social Security checks are normally paid on the second, third and fourth Wednesdays of each month. The exact arrival date for Social Security checks depends on the person’s birthday. If you were born: On the 1st through the 10th: Expect a check to be paid on the second Wednesday of the month. On the 11th through the 20th: Expect a check to be paid on the third Wednesday of the month. On the 21st through the 31st: Expect a check to be paid on the fourth Wednesday of the month. There is a slight change for holidays. If the payment date falls on a public holiday, the payment will instead be made on the Tuesday just before the originally scheduled date. You can view the schedule for payments during 2021 at ssa.gov. Social Security checks are no longer mailed to most beneficiaries. You can receive your payment through two ways: Direct deposit. You can choose to have the Social Security check deposited directly into your bank or credit union account. Direct Express debit card. You can have the Social Security check loaded onto a debit card through the Direct Express card program. You don’t need a bank account for this setup. The card works for making purchases, paying bills or getting cash. However, there may be fees associated with some transactions.

No comments:

Post a Comment