Hi! If you’re a retiree or receiving Social Security benefits, you’re probably wondering when your next payment is coming. Now wait is over! We’ve got the information about the August payment schedule.
Mark Your Calendar for the First Payment
The first payment of up to $4,873 is due on August 2, not August 3. This is because the third falls on a Saturday, and the government doesn’t want to delay payments. If you receive Supplemental Security Income (SSI) and retirement or SSDI benefits, or if you got benefits before May 1997, August 2 will be your payday.
August Payment Schedule
The second round of payments will arrives accounts on August 14, 2024, for those born between the 1st and 10th. The third payment will arrive on August 21 for those born between the 11th and 20th. Finally, the last payment will come on August 28 for those born after the 20th.
You can Get $4,873
To get the maximum payment, you must meet all the requirements set by Social Security. This means earning the taxable maximum for 35 years, filing three years after Full Retirement Age (70 years old), and having jobs covered by Social Security.
August Payment Schedule, Amounts & Food Stamps
If you’re receiving SNAP benefits, also known as Food Stamps, your payment schedule might be different. Some states are sending payments on August 2-3, while others have different schedules. Mark your calendar schedule to see when you’ll get your benefits.
SNAP Payment Amounts
Payment amounts vary from $291 for individuals to $1,751 for families of eight. Make sure to check your eligibility and payment schedule to get the most out of your benefits.
The lowdown on Social Security and SNAP payments for August. Keep in mind that payment amounts and schedules might vary depending on your situation and state. Stay informed and happy benefits!
FAQs
When is the first Social Security payment in August?
The first payment is on August 2, not August 3.
Who gets their Social Security payment on August 2?
Those who receive SSI and retirement or SSDI benefits, or those who got benefits before May 1997.
When are the subsequent payments in August?
August 14 (born 1st-10th), August 21 (born 11th-20th), and August 28 (born after 20th).
How much can I get in Social Security payments?
Up to $4,873, but only if you meet all the requirements.
What are the requirements for the maximum Social Security payment?
Earning the taxable maximum for 35 years, filing three years after Full Retirement Age (70), and having jobs covered by Social Security.
How much can I get in SNAP payments?
$291 for individuals to $1,751 for families of eight.
