Social Security — a shorthand term for Old-Age, Survivors, and Disability Insurance (OASDI) — is a US federal government program that provides money for retirement benefits, survivor benefits and income for disabled people. Established in 1935 by the Social Security Act and President Franklin Roosevelt, the program has been distributing benefits for more than 84 years.
The Social Security Administration sends out batches of payments every month to senior citizens, Social Security Disability Insurance (SSDI) recipients and people who receive Supplemental Security Income. But if you receive more than one of these payments, it can get tricky. And if you’ve never gotten Social Security benefits before, you might have a lot of questions.
To guide you through some of the ins and outs of Social Security — from what you need to know before you retire to when your money will arrive — CNET has compiled this cheat sheet so you can learn all the details.
When will I receive my Social Security checks?
Whether you’re a new Social Security beneficiary or you’ve been receiving benefits for decades, being prepared for your check to arrive each month is a must. Your payment date depends on your birthday and when you started receiving benefits. Every month, these Social Security articles are updated to include the exact dates when the Social Security Administration will disburse your payment.
