Millions of Americans are set to receive their monthly Social Security payments this week, continuing a vital lifeline for retirees, disabled workers, and their dependents. As the program affects more than 70 million people, the Social Security Administration (SSA) spreads the payments throughout the month, with specific dates for different categories of beneficiaries.
Key Dates for September and October Payments
This week, those receiving retirement, spousal, or survivor benefits, whose birthdays fall between the 21st and 30th of any month, will see their payments deposited on Wednesday, September 24. As is customary, the SSA has scheduled a range of payment dates throughout the month of October, beginning with Supplemental Security Income (SSI) payments on Wednesday, October 1.
The timing of Social Security payments can vary, based on the recipient’s birthday. For example, those born between the 1st and 10th of the month will see their payments on Wednesday, October 8, while individuals born between the 11th and 20th will be paid on October 15. Payments for those with birthdays from the 21st to the 31st will be distributed on October 27. The SSA recommends waiting three business days before contacting them if a payment does not arrive on the expected date.
How Much Are Social Security Payments?
Social Security benefits are calculated based on a worker’s highest 35 years of earnings, with the monthly payment amount dependent on factors such as when the individual starts collecting benefits. As of August 2025, the average monthly Social Security benefit for retired workers is $2,008.31, according to the SSA. However, the amount varies significantly. For instance, if someone claims benefits at the earliest possible age of 62, they could receive up to $2,831 per month. If they wait until the full retirement age of 67, this rises to $4,018 per month. The maximum benefit available — $5,108 — is available to those who wait until age 70 to claim.
Social Security remains a critical source of income for millions, with the SSA distributing payments across various categories. As wages tend to rise over time, new retirees are generally entitled to higher benefits than their predecessors. However, the benefits are far from uniform, and eligibility requirements, as well as the timing of claims, play a crucial role in determining the payment an individual may receive.
The 2026 Cost-of-Living Adjustment (COLA)
Recipients of Social Security payments are also set to learn about their 2026 Cost-of-Living Adjustment (COLA) in the coming weeks. This annual adjustment, which helps offset rising costs like groceries, housing, and healthcare, is determined using the Consumer Price Index for Urban Wage Earners and Clerical Workers.
According to advocacy group The Senior Citizens League, a 2.7% COLA increase is currently projected for 2026, although the final percentage increase will be announced in October. The adjustment will take effect with payments beginning in January 2026, offering recipients a much-needed boost to keep up with inflation.
