Here is everything you need to know about this month’s Social Security payments, which go out in three rounds.
What is it?
The Social Security Act was signed into law by President Franklin D. Roosevelt in 1935. The Social Security Administration was created to manage it. The agency sends monthly checks to retirees to reduce or replace their incomes once they stop working.
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When does the check arrive?
Social Security payments typically begin on the second Wednesday of every month, and the following waves go out in the subsequent weeks. The distribution of payments depends on which day of the month a retiree was born.
Retirees born between the first and 10th of a month received their payments on Aug. 14. Beneficiaries born between the 11th and
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