On what days and at what time are the Social Security checks deposited? – Community News
Social Security

On what days and at what time are the Social Security checks deposited?

When Americans Sign Up for Social Security or Supplemental Security Income (SSI) Benefits they also need to sign up to receive their payments through direct deposit. This fast, easy way to receive payments ensures that recipients can receive the payments on the same day their payment is supposed to be sent.

Beneficiaries who do not have a bank account can get help setting up one through the agency’s online tool, my Social Security, or the Treasury’s Go Direct website. Beneficiaries too have the option to receive payments electronically on a Direct Express Debit Mastercard.

When are Social Security benefits paid monthly?

The Social Security Administration spreads payments to beneficiaries over four weeks per month depending on the type of payment, when a beneficiary began claiming his entitlement or the day of the month in which he was born.

Electronic payments must be in the recipient’s bank account early in the morning on the day of the scheduled payment. For all recipients, the Social Security Administration warns not to contact the agency immediately if a payment is not received but to allow three additional shipping days.

Additionally, it recommends contacting your financial institution first if a payment does not arrive by the due date. If your bank has no delay and you have to report your Social Security payment late, missing or stolen, you can call the agency toll free at 1-800-772-1213 (TTY 1-800-325-0778) or contact your local Social Security office.

For more information on the benefits of the Social Security Administration, the agency provides a guide to retirement or survivorship benefits and to supplemental security income (SSI).

Payment Schedule Social Security Benefits

Supplemental Security Income (SSI) payments go out the first of every month, or if that day is a public holiday or a Sunday, the last working day of the previous month.

Social Security beneficiaries who: started receiving their monthly Social Security benefits before May 1997 can expect their due on the third of every month. The ones who receive both SSI and Social Security also receive their payments on the third of every month. The same, if that day is a public holiday or falls on a Sunday, the payment will be moved forward to the previous working day.

For the rest of the recipients, the Social Security Administration allocates them over the next three weeks based on their date of birth. Payments go out every Wednesday for Social Security beneficiaries who applied after May 1997.

The order is quite logical, those born during the first ten days of a month receive their payments in the second week of each month. Birthdays that fall on the next ten calendar days of a month receive their payment in the third week. And the payments in the fourth week are made to all recipients with birthdays that fall within the last eleven days of a month.