August 21 is a payment date for many Social Security recipients receiving retirement benefits in the United States. However, it will not be the last payday because there can be another possibility next week.
Some recipients may qualify for a payment of up to $4,873 on any of the last 2 monthly payments in August. Of course, as long as they meet all the requirements and remain eligible because they have not broken any Social Security rules.
Who is eligible for a Social Security direct deposit or check on August 21?
In order to receive money on the 21st, you must have filed and gotten approval from the Administration. What is more, you cannot have been receiving benefits since before May 1997.
Another way to be ineligible is to be receiving Supplemental Security Income (SSI) payments. The last thing to take into account is the fact that you must have been born between 11-20 of any month.
If you meet the same requirements but you were born on the 21st or later, your direct deposit will be sent to your bank account on August 28. The average payments can be about $1,918. To get $4,873 you must:
- have filed at 70
- have worked for 35 years
- have earned the contribution and benefits base all those years
- have jobs covered by SSA, so you paid enough payroll taxes
Social Security payments of up to $4,873 in September
The Social Security Administration’s payment schedule has confirmed the fact that there will be 4 paydays for retirees next month. Therefore, there will be the same number of paydays as in August.
Usually, the first payment for retirees is on the 3rd. September will be no exception. So, those who are receiving SSI and retirement benefits, or even SSDI, will get their money on September 3.
Those who started receiving benefits before May 1997 will collect their payment on September 3 too. If you are on Social Security, but are not eligible for the payment on the third, your payday will depend on your birthday. Birthdays from 1-10, payday on the 11th. From 11-20, on the 18th, and from 21-31 on the 25.