If you are looking for the Social Security Payment Schedule for August 2022 look no further. We can help you. Social Security pays benefits in the month following the month for which they are due. For example, the December benefit is paid in January.
For those on Social Security retirement benefits or disability (SSDI or SSI), knowing when your payments will be deposited each month is crucial.
That’s because, for a majority, the monthly Social Security benefit is the main source of income.
Knowing the payment date helps you plan ahead and ensure that your bills are paid on time.
In addition, if you know when the payment will be deposited and available, you can plan for cash withdrawals from your account.
In the post below, we have explained in detail how the Social Security Payment Schedule works and provide you with the specific dates on which your December benefit payments will be deposited into your account.
This Post will Cover:
- No More Paper Checks for Social Security Benefits
- How Social Security Payment Calendar Works
- Social Security Payment Schedule for August 2022
- Complete 2022 Social Security Payments Schedule
- What To Do If You Don’t Recieve Your Benefits
- Social Security Benefits Questions and Answers
No More Paper Checks for Social Security Benefits
Since 1935, the Social Security Administration (SSA) has mailed paper checks to Social Security beneficiaries.
However, that ended in May 2011.
That’s because Congress passed a law that required all recipients of payments from federal benefits programs to sign up for electronic payments.
Since then, all new recipients of Social Security and Supplemental Security Income disability have been required to sign up for electronic payments.
In addition, existing recipients of Social Security and SSI had to comply with the new requirements by March 1, 2013.
As a result, the SSA no longer mail paper checks for Social Security benefits, including disability payments.
How Social Security Payment Schedule Works
If you are receiving Social Security Retirement or Social Security Disability Insurance benefits (SSDI), your payment date depends on your birth date.
In addition, If you are receiving payments on the record of a retired, disabled, or deceased worker (for example, spousal or survivor benefits), that person’s birthday sets the schedule.
Here’s how the Social Security Payment schedule works for those who receive Social Security retirement benefits or SSDI:
- If your birthday is in the first 10 days of the month, then you’ll receive your benefits payments on the second Wednesday of each month.
- For those with birthdays between the 11th and the 20th, benefit payments are deposited on the third Wednesday of the month.
- Payments are made on the fourth Wednesday of the month for those with birthdays on the 21st or later.
Here is a table that better displays how the payment schedule works:
|1st – 10th||Second Wednesday|
|11th – 20th||Third Wednesday|
|21st – 31st||Fourth Wednesday|
Now that you understand how the payment schedule works, it’s time to review the 2022 payment calendar as released by the SSA.
If you’ve been receiving Social Security benefits prior to May 1997 or you get both Social Security and SSI payments, here’s what you need to know:
Your payments will be made on the 3rd of each month. If the 3rd falls on a weekend or holiday, payment will be made on the preceding Friday.
Here is the complete SSI payment schedule for 2022.
First, we have first listed dates for those only receiving SSI benefits.
Next, we have provided dates for those receiving both Social Security retirement benefits and SSI.
Social Security Payment Schedule for August 2022
Here is when to expect your Social Security payment for August 2022:
Social Security and Social Security Disability Insurance (SS and SSDI)
For those receiving Social Security Retirement Benefits or Disability Benefits, here is your payment schedule for August:
- If your birth date falls on the 1st – 10th day of the month, benefits are paid on August 10th.
- Also, if your birth date falls on the 11th – 20th day of the month, benefits are paid on August 17th.
- If your birth date falls on the 21st – 31st day of the month, benefits are paid on August 24th.
Supplemental Security Income (SSI) Payment Schedule
If you receive Supplemental Security Income (SSI), you will receive your payments on the 1st of each month.
The exception is when the 1st falls on a weekend or holiday.
If the first falls on a holiday, then you will receive your payment the business day before.
However, if the first falls on a weekend, you’ll receive your payment on the preceding Friday.
August 2022 SSI Payment Schedule
Since August 1st, 2022 falls on a Monday, SSI payments for the month will be deposited on Monday, August 1st, 2022.
If you receive your payment via a bank account or a prepaid debit card like the Direct Express Debit card, you should see your benefits in your account on or before Monday, August 1st, 2022.
Both SS and SSI Recipients
Since August 3, 2022, falls on a Wednesday, you will receive your benefits on Wednesday, August 3rd, 2022.
The Complete 2022 Social Security Payment Schedule
Here is a simplified version of the 2022 Social Security Payment Calendar for Social Security retirement benefits and SSDI beneficiaries.
If your birthday falls between the 1st and 10th:
- January 12
- February 9
- March 9
- April 13
- May 11
- June 8
- July 13
- August 10
- September 14
- October 12
- November 9
- December 14
Next, if your birthday falls between the 11th and 20th:
- January 19
- February 16
- March 16
- April 20
- May 18
- June 15
- July 20
- August 17
- September 21
- October 19
- November 16
- December 21
If your birthday falls between the 21st and 31st:
- January 26
- February 23
- March 23
- April 27
- May 25
- June 22
- July 27
- August 24
- September 28
- October 26
- November 23
- December 28
Supplemental Security Income (SSI) Payment Schedule for 2022
For SSI recipients, benefits will arrive on the first of the month.
However, if the 1st of the month falls on a Saturday, Sunday, or a federal holiday, you will be paid on the business day before then.
For example, if the 1st of the month falls on a Saturday, you’ll receive your benefits the Friday before.
|2022||SSI||Both SS & SSI|
What To Do If You Don’t Recieve Your Benefits
If you do not receive your payment on your specified day or date, the Social Security Administration asks that you wait three mailing days before contacting them.
You can contact Social Security at 1-800-772-1213.
Social Security Benefits Questions and Answers
Here is the summary of the most frequently asked Social Security Benefits Questions and Answers.
Can an Ex-Spouse Collect Social Security Benefits?
Yes, if you are divorced, you may be eligible to collect Social Security benefits based on the earnings of your ex-spouse.
You are eligible to collect spousal benefits on a living former wife’s or husband’s earnings record as long as:
- The marriage lasted at least 10 years.
- You have not remarried.
- You are at least 62 years of age.
- Your ex-spouse is entitled to collect Social Security retirement or disability benefits.
Additionally, your former spouse doesn’t have to be collecting his or her retirement benefits yet for you to claim ex-spousal benefits.
However, if this is the case, the divorce must be at least two years old.
There is no such requirement if your ex is already receiving benefits.
Also, the most you can collect in divorced-spouse benefits is 50 percent of your ex-spouse’s benefits.
What is the Average Social Security Benefits Amount in 2022?
The average Social Security retirement benefit amount for 2022 is $1,665.18 a month.
The maximum benefit is $3,345 a month for someone who files for Social Security in 2022 at full retirement age (FRA).
Here’s how the figures break down by recipient, as of March 2022.
|Type of beneficiary||Percent of total payouts||Average monthly benefit|
What is the Social Security Full Retirement Age?
Your full retirement age is based on the year when you were born.
The table below shows the full retirement age based on the year you were born:
|Age to receive full Social Security benefits|
|Year of birth||Full retirement age|
|1955||66 and 2 months|
|1956||66 and 4 months|
|1957||66 and 6 months|
|1958||66 and 8 months|
|1959||66 and 10 months|
|1960 and later||67|
NOTE: People born on January 1 of any year, refer to the previous year.
How Much does Early Retirement Reduce Social Security Amount?
If you file for Social Security benefits at 62, it means that you are filing 60 months early.
This will permanently reduce your monthly benefit by 30 percent.
As an example, if you would have been entitled to $1,000 a month at full retirement age, you will get $700 if you start benefits when you turn 62.
Here’s what the reduction would be in subsequent years.
- 25 percent at age 63
- 20 percent at age 64
- 13.3 percent at age 65
- 6.7 percent at age 66
Are Social Security Benefits Adjusted For Inflation?
Yes. Cost-Of-Living Adjustments (COLAs) are made based on the Consumer Price Index, which is calculated by the Department of Commerce to evaluate price changes of goods and services.
Here are the Social Security Cost-Of-Living Adjustments over the last 20 years:
Social Security Payment Schedule for August Summary
Here’s the bottom line:
If you receive Social Security retirement benefits or SSDI, then your benefits will be paid based on your birthdate.
SSI (Supplemental Security Income) payments are issued on the first of every month.
For August 2022:
Social Security and SSDI payments will be made using the schedule below:
- on August 10th if your birth date falls on the 1st – 10th day of the month.
- If your birth date falls on the 11th – 20th day of the month, you will get your deposit on August 17th.
- Finally, if your birth date falls on the 21st – 31st day of the month, your benefits will be paid on August 24th.
For SSI recipients:
August 1st, 2022 falls on a Monday, SSI payments for the month will be deposited on Monday, August 1st, 2022.
Both SS and SSI Recipients
Also, since August 3, 2022, is on a Wednesday, you will receive your benefits on Wednesday, August 3rd, 2022.
If you still have questions, you should leave a comment below.
However, what may be an even greater help is to join our FREE Facebook members group about Making Sense of Social Security Benefits.
It’s a very active group with some really smart people who love to answer any questions you may have about Social Security Benefits.
Also, from time to time, our team of editors drop in to contribute and answer questions.
Finally, be sure to check out our other articles about Social Security and Disability Benefits, including: