Ask Larry

Is Social Security Moving Everyone's Payment Dates?

is social security moving everyone dates to recieve it or are they leaving it the same? i cant afford to chang my date from the 3rd which i have been getting it to another date which is down the line i usally pay all my bills on the 3rd of the month otherwise ill have to change everything around please let me know if this is true or not i,d prefer it to stay the same.

Hi. Not to my knowledge. What I can tell you is that the rules regarding when a person should be paid their monthly benefits haven't changed since 1997. Based on those rules, most people are now paid either on the 2nd Wednesday of the month, or the 3rd or 4th Wednesday depending on their day of birth (https://www.ssa.gov/kc/rp_paybenefits.htm). The only people who should still be receiving their benefit payments on the 3rd day of the month are people who were already receiving benefits prior to May 1997, or beneficiaries who are living outside of the country, or people who are eligible for Supplemental Security Income (SSI).

So, if you meet one of the above exceptions that allows you to be paid on the 3rd of the month then I don't know of any reason your payment date would change. Otherwise, if you've been getting paid on the wrong day, then I suppose it's possible that Social Security may now be correcting their error.

Best, Jerry

Category: 
Posted: 
Nov 18 2021 - 12:10pm
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