As we move into October, people who get Social Security benefits will start getting payments for a new term. Social Security payments are made every month by the Social Security Administration (SSA).
The exact date of each payment depends on the person receiving it, such as their date of birth or the type of income they receive.
The SSA gives out different kinds of payments, like retirement, disability, and survivor benefits (RSDI). These payments are made on a plan that depends a lot on when the beneficiary first filed their claim.
People who started getting Social Security income after May 1, 1997, get their money on the second, third, or fourth Wednesday of every month. People who started filing earlier are getting their money separately.
Supplemental Security Income (SSI) is a monthly payment that helps disabled people or older adults who do not have much money or other resources. It is paid on a different plan than the other payments made by the program.
SSI payments are usually made on the first of every month. If the first comes on a weekend or national holiday, however, the payment is made on the previous business day. For example, in September 2024, payments were made on August 30, 2024.
Social Security payment schedule for October
Because every month is a little different, the times that payments are sent out can change based on the calendar. As was already said, national holidays and weekends can throw off the payment plan, so keep that in mind as you look at when you might get your money.
– People who received benefits before May 1997: As we already said, these beneficiaries get their payments at a different time than the rest of the SSA’s retirement payouts. Their October payouts will be sent out on October 3 for the month of October.
– People whose birthdays are between January 1st and October 10th will get their payments on October 9th, which is the second Wednesday of the month.
– People whose birthdays are between October 11th and October 20th will get their payments on October 16th, which is the third Wednesday of the month.
– People whose birthdays are between October 21st and October 31st will get their payments on October 23, which is the fourth Wednesday of the month.
Mistakes regarding payments
If a beneficiary does not get their Social Security payment on the due date, the SSA says they should first call their bank or other financial institution, since the delay could be because the bank or other financial institution did not post the payment on time.
Checks that are late are often held up because of verification procedures. Doing this check first can help you when you call the SSA if the problem is not with your bank.
The SSA offers more ways to get help for people who are still having problems with lost or late payments. If the recipient has a “my Social Security account,” they can log in and make sure the information is right and there was no mistake with the payment.
People who get Social Security should call the SSA or go to their local office to report a problem if everything looks good and the information given matches what you know.
“We will look into the case, and if the payment is due, we will replace it,” the SSA says on its website.
This step-by-step process helps make sure that people who are supposed to get payments get them on time or have a way to deal with payments that are late.
People who get benefits can better handle them if they stick to this payment schedule and know what to do if something goes wrong.
Also see:-Social Security Announces Significant Shift in Benefits for Disability It is Verified
