Updated

Updated · Yahoo Finance · Jul 27

Social Security Warns of Payment Delays as Staffing Cuts and Tech Problems Strain 9 a.m. Deposits

Updated

Updated · Yahoo Finance · Jul 27

Social Security Warns of Payment Delays as Staffing Cuts and Tech Problems Strain 9 a.m. Deposits

Q: Is your Social Security payment date based on your birthday, and what should you do first if the money never shows up?

Yes. For most Social Security retirement, survivor and disability beneficiaries, the payment date is based on the worker’s birth date: birthdays from the 1st through the 10th are paid on the second Wednesday of the month, the 11th through the 20th on the third Wednesday, and the 21st through the 31st on the fourth Wednesday. SSI is usually paid on the first of the month, or the prior business day if the first falls on a weekend or holiday. Some people on older benefit schedules, including many who started receiving benefits before May 1997, follow different rules. If your money does not show up, the Social Security Administration says the first step is to check with your bank or financial institution for a posting delay. Most payments are electronic, and delays can happen on the bank’s end. If you still receive a paper check, allow up to three business days for delivery. If the payment is still missing after that, contact the SSA at 800-772-1213 or use your My Social Security account to report the problem and review your payment status. That account can also help you confirm your benefit information, direct deposit details and application status. If the issue is ongoing, make sure SSA has your correct bank account and mailing information.

1 articles · Updated · Yahoo Finance · Jul 27

SSA said benefit payments and other services could face continued delays as staffing reductions and backend technology disruptions strain operations.
April meeting notes showed field offices were already struggling to keep up with timeliness, and former SSA official Jason Fichtner warned further service breakdowns are likely without more staff and system modernization.
Most recipients still get payments electronically on the second, third, or fourth Wednesday of each month based on birth date, with direct deposits typically appearing by 9 a.m.
Late payments should first be checked with banks; paper checks can take up to three business days, and new applicants are being urged to apply up to four months early because first payments usually take at least a month.

Sources

Center100%

Yahoo Finance108d ago

Social Security Administration Warns of Payment Delays Amid Staffing Cuts, Tech Issues

As SSA service strains grow, how can beneficiaries protect payments, verify credits, and avoid delays before benefits start?

Is your Social Security payment date based on your birthday, and what should you do first if the money never shows up?

Could missing work credits or earnings record errors delay your Social Security or SSDI claim more than the payment schedule itself?

Sources

1 total

Center100%

Yahoo Finance108d ago

Social Security Administration Warns of Payment Delays Amid Staffing Cuts, Tech Issues

Social Security Warns of Payment Delays as Staffing Cuts and Tech Problems Strain 9 a.m. Deposits

Summary

Sources

Insights

Related Stories

Sources

Related Stories