I'm 87 yrs old, I've been on Social Security for many, many years. My S S pmt has always been deposited on the third of each month, now according to SS, they will deposit my pmt. on the fourth Wednesday of the month., My Birthday is August 21st. Do I need to to contact Social Security? This changes my monthly obligations.

Hi. Only Social Security has access to your records, so if your payment date is changing then you'd need to call them for an explanation. You aren't allowed to voluntarily change your payment date, however.

What I can tell you is that the rules that determine on what day of the month a person is paid their benefits haven't changed since 1997. Since that time, the only people who should be receiving their payments on the 3rd day of the month are people who either:
a) People who first filed for benefits before May 1997; or,
b) People who are receiving both Supplemental Security Income (SSI) and Social Security payments; or,
c) People who live in a foreign country; or,
d) People whose Medicare premiums are paid by the state where they live.

Everyone else who receives Social Security benefits is paid either on the 2nd, 3rd or 4th Wednesday of the month depending on their day of birth (https://www.ssa.gov/kc/rp_paybenefits.htm).

Best, Jerry