Ask Larry

Payment Dates

Why Did Social Security Deposit Extra Money Into My Account?

Why did Social Security deposit extra money into my acct on Oct. 5, 2016? Did everyone receive extra money?
Thank you

Hi,

I haven't heard of any special payments going out, but this is normally the time of year that Social Security processes automated benefit adjustments. So, the payment you received could be back pay due as a result of a retroactive rate adjustment for any of a variety of reasons (e.g. delayed retirement credits, additional earnings, etc.).

Posted: 
Saturday, October 8, 2016 - 11:45

Why Would I Receive Extra Deposits From Social Security?

Larry, I had two direct payments totaling $666.00 plus my regular deposit was there as it is every month. Thank You......

Hi,

I have no idea. It could be a mistake, or Social Security could owe you the money for some type of back pay. Odd that it would be 2 payments in the same amount, though.

I would wait a week or two to see if you receive a letter explaining the payments. If you don't, I would double check with Social Security to see if they made a mistake.

Best, Jerry

Posted: 
Wednesday, October 5, 2016 - 10:30

Is There A Way To Find Out When My Social Security Check Will Be Paid?

I have noticed that some people receive their Social Security payments on a specific date in the month (i.e. the 3rd) and some receive their payments on a day of the month (i.e. third Wednesday). Is there a look up table to see when Social Security pays?

Hi,

Here is one source I found: https://www.ssa.gov/OP_Home/handbook/handbook.01/handbook-0121.html.

Posted: 
Saturday, August 27, 2016 - 12:15
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