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2w ago

August Social Security Payments Begin with 50% Withholdings for Overpaid Recipients

The move follows a February inspector general report that uncovered $13.6 billion in unreturned overpayments.

Stock image/file photo: A Social Security card with U.S. Dollars.
Some Social Security benefit payments feel as if they may be coming late in May. That's because Wednesdays land later in the month than typical.

Overview

  • Payments for beneficiaries born on the 1st–10th, 11th–20th and 21st–31st of the month will be issued on Aug. 13, 20 and 27 respectively.
  • Supplemental Security Income checks for September will be disbursed on Aug. 29 because Labor Day falls on Sept. 1.
  • The SSA will withhold half of monthly benefits from individuals who have outstanding overpayment balances under a July policy linked to the OIG findings.
  • As of June 2025, the average monthly retirement benefit was $2,005.05, while maximum payouts range from $2,831 at age 62 to $5,108 at age 70.
  • The Senior Citizens League projects a 2.6% cost-of-living increase for 2026 benefits, with the SSA set to announce the official rate in October.