Two rounds of Social Security payments are scheduled to go out to recipients this week.

Why It Matters

The Social Security Administration (SSA) delivers monthly benefits to more than 70 million Americans , serving as a critical income source for retirees, disabled workers and survivors. To manage the large number of recipients, payments are staggered across the month, based largely on beneficiaries' birth dates.

What To Know

This week, the SSA is set to issue checks on August 27 for people with birthdays between the 21st and 31st of any month.

Recipients of Supplemental Security Income (SSI)—a program for low-income seniors aged 65 and older and individuals with disabilities and blindness—should expect their next payment earlier than usual. Because Labor Day falls on September 1, SS

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