Hi Larry - I am 71 and received a SS deposit of $90.00 today - my usual benefit is $1150. WHY would I get an extra deposit? According to the SS Calendar, my normal deposit is on the 3rd week of the month. Is this deposit an additional payment? WHY?
Thank you for any information you can provide,
I don't know, 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.).
Direct deposits are often received up to a week or more in advance of the explanatory notices that Social Security sends in the mail, so I would wait a while to see if you receive an explanation. If you don't, you should probably check with Social Security.