Next week, Social Security beneficiaries might be surprised to find no check payments. The Social Security Administration (SSA), responsible for distributing benefits through the Old Age, Survivors, and Disability Insurance (OASDI) and Supplemental Security Income (SSI) programs, will not be sending payments. This unusual occurrence results from the first days of August falling within the last week of July, which traditionally handles the month’s initial payments. Here’s what beneficiaries need to know.
Social Security Payment Schedule Explained
The SSA has a detailed payment schedule to help beneficiaries understand when to expect their payments. Typically, payments are distributed across five rounds each month:
- First and Third Days: The first two payments are usually sent out on the first and third days of the month.
- Wednesdays: The remaining three payments are distributed on the second, third, and fourth Wednesdays of the month.
Because the first week of August coincides with the last week of July, no payments will be sent during the first week of August.
Breakdown of Payment Dates
Under the official SSA schedule, beneficiaries receive their payments as follows:
- SSI Recipients: Paid on the first day of every month.
- OASDI Recipients Before May 1997: Typically receive payments on the third day of the month unless it falls on a weekend or federal holiday.
- OASDI Recipients After May 1997:
- Second Wednesday: For beneficiaries born between the 1st and the 10th.
- Third Wednesday: For beneficiaries born between the 11th and the 20th.
- Fourth Wednesday: For beneficiaries born between the 21st and the 31st.
Following the payment on August 2nd, the next payments for retirees, survivors, and disabled workers will be on August 14, 21, and 28. If payments do not arrive as scheduled, beneficiaries should wait at least three mailing days before contacting customer service, as delays may occur due to bank processing times.
Accessing Payment Information
Beneficiaries can access detailed information about their payments through their “My Social Security Account.” This online portal allows users to download statements and request additional Social Security transactions, providing a convenient way to stay informed about their benefits.
Average Social Security Payment Amounts
According to SSA guidelines, the average monthly payment for a retired worker is approximately $1,900. The amount varies based on when the beneficiary claimed benefits:
- Early Retirement (Age 62): Up to $2,710 per month.
- Full Retirement Age (67): Up to $3,822 per month.
- Delayed Retirement (Age 70): Some retirees may qualify for the maximum benefit of $4,873, provided they have made contributions based on their maximum taxable earnings.
Consulting with a financial advisor or Social Security professional is recommended to maximize benefits.
Other Social Security Payments
In addition to retirement benefits, Social Security check payments include SSI beneficiaries, surviving spouses, and people with disabilities. Below is a table detailing the average monthly payment amounts for each program:
| Program | Average Monthly Payment | Other Payments |
|---|---|---|
| Social Security Payments | $1,505 | – |
| Survivors Benefits | $1,537 | Individual: $1,773, 2 Children: $3,653 |
| Disability Benefits | $698 | Blind Recipients: $2,590, Maximum: $3,822 |
| SSI Benefits | $943 (Individuals) | Couples: $1,415, Essential Person: $472 |
FAQs:
Why won’t I receive a Social Security check next week?
The first days of August fall in the last week of July, which typically handles the month’s initial payments, resulting in no checks being sent in the first week of August.
When will the next Social Security payments be made?
After the August 2nd payment, the next payments will be on August 14, 21, and 28.
What should I do if my payment is delayed?
Wait at least three mailing days before contacting customer service, as delays can occur due to bank processing times.