Ask Larry

Will I Now Be Receiving My Benefit Payments Toward The End Of The Month Instead Of On The 3rd Of The Month?

I am on social security disability (not SSI). I've always gotten my deposit on the 3rd. With the new payment schedule for 2022 based on the date of 23rd[birthdate], will I now receive mine tiward month end?

Hi. Yours is one of several questions we've received recently asking more or less the same thing. I can only guess that Social Security has apparently sent out some mass mailing that's being misinterpreted by some recipients. Most people do receive their benefit payments on either the 2nd, 3rd, of 4th Wednesday of the month, but some people meet an exception to that rule that causes them to be paid on the 3rd day of the month. For more details on those exceptions, refer to the following Social Security website: https://faq.ssa.gov/en-us/Topic/article/KA-01957.

In any case, the law regarding Social Security payment dates has not changed. Therefore, unless Social Security has been paying you on the wrong day of the month and is now making a correction, I don't know of any reason why your payment date would change.

Best, Jerry

Category: 
Posted: 
Nov 13 2021 - 8:02pm
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