This is why Social Security won’t pay out in the last week of October

This is why Social Security won't pay out in the last week of October

The reason is easy to understand: on October 23, the last Social Security payment for retirees will be sent. That means there will be no more payments after that date. It’s still very early because the first Wednesday payments will be sent out on the 9th. The last payment can be sent later in the month if the first round starts on the 14th.

What to do if your Social Security payments are not delivered on time?

The first thing you need to know is when your payment is due from the government. For example, here are the dates for October 2024:

  • Retirement payment on October 3 for recipients who are:
    • On benefits before May 1997
    • Receiving Supplemental Security Income simultaneously
  • Retirement payments on October 9, 16 and 23
    • Birth date from 1-10: Oct. 9
    • Birth date from 11-20: Oct. 16
    • Birth date from 21-31: Oct. 23
Social Security makes it official - No SSI payments until October
Source google.com

Why you should not call Social Security immediately

It’s not always SSA’s fault when a payment doesn’t come on time. Hence, it is best to discover if there is an outside cause for that missed, late, or even stolen payment.

So, wait three sending days after you know when your payment is due. You can call your bank or other financial company to find out when your money will be sent if you want to.

They sometimes have to wait longer than expected for a problem they may have had. Then, call 1-800-772-1213 or TTY 1-800-325-0778 toll-free to talk to SSA, or if you need to, call your local Social Security office.

Remember that you usually get your Social Security payments on time, and sometimes you even get them early. For instance, the November payment due on the third has been moved to November 1.

Also See:- $3,822 direct payments in 48 hours to people who qualified for SSDI