Social Security Direct Deposit Dates

Social Security Direct Deposit Dates

Social Security Direct Deposit Dates: Social Security pays benefits within the month following the month that they are due. for example, the January benefit is paid in February.

For most beneficiaries, the payment date depends on your birth date. If you’re receiving payments on the record of a retired, disabled or deceased worker (for example, spousal or survivor benefits), that person’s birthday sets the schedule.

Here’s how it works:

If the birthday is on the primary through the 10th, you’re paid on the second Wednesday of each month.

If the birthday is on the 11th through the 20th, you’re paid on the third Wednesday of the month.

If the birthday is on the 21st through the 31st, you’re paid on the fourth Wednesday of the month.

Check Out: Social Security payments schedule 2022

The social insurance Administration (SSA) adopted this staggered schedule in June 1997. before that, all benefit payments went out on the third day of the month, but that became unwieldy because the number of beneficiaries grew.

Most people who started receiving benefits before the day, 1997, are still paid on the third of the month.

The third is additionally the monthly pay date for social insurance beneficiaries who live abroad, and for people who receive both welfare and Supplemental Security Income benefits.

Social Security incorporates a web calendar showing all the payment dates for 2021.

Keep in mind Social Security does not pay benefits by check. you’ll receive benefits by direct deposit or via an on the spot Express charge account credit.

If a scheduled payment date falls on a weekend or federal holiday, payments are made on the first preceding day which will not a Saturday, Sunday or holiday. for example, the second Wednesday of November 2020 was Veterans Day, so payments were made on Tuesday, November 10.