How Often Will I Receive Social Security Payments?
Published on August 28th, 2020 by Eric Slepian
Once you have been approved to receive Social Security benefits, you’ll likely wonder exactly how often you’ll be receiving payments. There are different types of benefits that you may receive and the average benefit amount changes based on the amount that is covered in the original application. The Social Security Administration keeps a record of each payment that is made to you to ensure that you receive the benefits that you’ve qualified for. Here is additional information from our SSD lawyers near Glendale, AZ.
The Social Security Administration’s Schedule
There is a general rule that payments are issued on the second, third and fourth Wednesday of each month. While the specific amount of money received for each individual is different, the schedule is typically the same. In some scenarios, individuals may be eligible to receive payments on each payout day of the month.
What If You Don’t Receive Your Payment?
In the case that you were expecting a payment that didn’t come, the Social Security Administration recommends waiting at least three full business days before contacting them directly. You can contact them by using their main website, but if you have issues along the way, our SSD lawyers near Glendale, AZ are happy to assist.
Check the Available Calendar Publications
There is also an available calendar that outlines a minimum of three years worth of calendars on both Social Security payments and beneficiary payments. These PDF documents are helpful in establishing your budget and having a better handle of what your upcoming finances will be.
If you have additional questions or want more information on the payment schedule, please reach out to our team at Slepian Smith Ellexson, PLLC today.
