It is almost the end of the third quarter of the year, and there is a lot of worry about possible increases in Social Security payments next year. Because of this, you and any retirees you know need to know when all SSA (also known as the Social Security Administration) programs will be paid so that they can plan their budgets.
Which programs are going to be included in the next Social Security payments?
The first thing you need to know is that not all government programs are paid on the same day, and that this group, which we call Social Security Daily, is in charge of other projects as well.
So, there is not just one date to remember for all of your payments. Instead, there is a full and regular plan that you can follow for the next month, which you can find here.
Still, we think you should learn more about the official payment plan and the rules that SSA follows in general. Because the plan for payments can be hard to understand, we would like to explain how the payments are made and how Social Security works.
First, let us talk about the general rules for how each scheme pays Social Security. First, you should know that people who get Social Security benefits are split into two main groups based on when they started getting benefits: before May 1997 or after.
Everyone who started before is put together on the same date, no matter what school they are in. The second group is made up of people who started later and is split up by school and other factors.
- First group:Ā Their payments will be processed on the third day of the month.
- Second group:
- SSI (Supplemental Security Income):Ā All their Social Security Payments are sent on the first day of the month.
- The rest of the programs (old age, disability, and survivors):Ā It will depend on the birthdate of the recipient.
- 1st to 10th: On the second Wednesday of the month.
- 11th to 20th: On the third Wednesday of the month.
- 21st to 31st: On the fourth Wednesday of the month.
How do the Social Security payments for the next month look?
For the next month, here is a full list of when you can get Social Security benefits:
- Tuesday, October 1:Ā SSI claimants who began receiving payments after May 1997.
- Thursday, October 3:Ā All recipients who began receiving Social Security payments before May 1997 will be eligible. This group consists of the Old Age Insurance Program (commonly known as Retirement Insurance), the Disability Insurance Program, and the Survivors Program.
The next dates for Social Security payments are only for people who started getting benefits after May 1997 through the Retirement Insurance, Disability Insurance, or Survivors program:
- Wednesday, October 9:Ā Beneficiaries born between the first and tenth of the month.
- Wednesday, October 16:Ā recipients born between the 11th and 20th of the month.
- Wednesday, October 23:Ā Participants born between the 21st and 31st of the month.
Why is Social Security removing its signature requirements?
The Social Security Administration said on September 5, 2017, that it would be changing how it accepts user entries for all programs. This was done to make things easier for customers and speed up the process.
The change takes away the need for signatures on thirteen forms and lets people use computer signatures instead of wet (also called physical) signatures on thirty forms.
This last update will replace at least 90% of the most popular forms. This change alone will cut down on more than 14 million documents, and the effort to get rid of signatures will cut down on another million.
SSA is also trying to update its services in other ways, like by adding tools to the “my Social Security” site that let people see their Social Security Statement, see what benefits are available, make appointments, and get other important information. This program fits in with those efforts.
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