Many Americans receive benefits from the USA's Social Security Administration, however not all payments are paid out on the same day.
Even those who are on the same scheme might see the money hit their account on different days, depending on a number of factors.
In this guide to the August Social Security benefits payment schedule, we'll explain when you can expect to collect your money for August.
What is the Social Security benefits payment schedule for August 2023?
First things first, it's important to note that there are two types of Social Security Income Payments to look out for in this month of August: Supplemental Security Income and also typical Social Security benefits.
In August 2023, the Supplemental Security Income was already paid out on August 1, which was a Tuesday. So, you should have already collected this.
Then, when it comes to regular Social Security benefits, if you received Social Security before May 1997 or are receiving both Social Security and SSI, Social Security would have been paid out to you on August 3 and SSI on August 1.
For everyone else, the regular Social Security benefits are paid out based on the date of your birthday, as so:
- If your birthday is between the 1st and 10th of the month, you'll be paid on Wednesday, August 10.
- If your birthday is between the 11th and 20th of the month, you'll be paid on Wednesday, August 17.
- If your birthday is between the 21st and 31st of the month, you'll be paid on Wednesday, August 24.
Am I getting my Social Security benefits payment this week?
What the above schedule tells us is that most people have already received their Social Security benefits payments for August.
The only group of people who are still to collect their deposit, and who'll receive it this coming Wednesday, are those with a birthday between the 21st and 31st of the month.
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August 21, 2023 at 05:46PM
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Social Security Benefits Payment: Find out if you're getting your deposit this week - Marca English
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