When will you get your July Social Security check? Why some people will get 2 checks in August
Almost 74 million people in the U.S. receive Social Security benefits. And, in July, you can expect a normal payment schedule based on the day you were born. August is a little different, however, and some people will receive two payments in August and none in September.
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July’s Social Security and Supplemental Security Income will go out as scheduled on the first day of the month. Individuals who receive Social Security and SSI, as well as those who began drawing Social Security benefits before May 1997, will receive their payments on July 3.
The rest of July’s payment schedule is:
- Birth date 1-10th of the month paid on first Wednesday (July 9)
- Birth date 11th- 20th of the month paid on second Wednesday (July 16)
- Birth date 21st – 31st of the month paid on third Wednesday (July 23)
August will see a schedule change due to the Labor Day holiday in September.
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SSI recipients will be paid on August 1 and then receive a second check on August 29. However, the Aug. 29 payment is actually for September. Aug. 30 and 31st are a Saturday and Sunday and Sept. 1 is Labor Day so SSI checks will arrive early. The two-check SSI process will return in October and December due to weekends and holidays with no SSI payment in November.
As of May, the average Social Security monthly check for retired workers was $2,002, an increase of $2.42 over April’s average of $1,999, Kiplinger reported. It marked the first time the average monthly benefit rose to more than $2,000 a month.
Social Security benefits depend on your earnings, how long you worked, the age at which you claimed benefits and marital status.
The average monthly SSI payment is around $698.