Question
Information: Social Security payments are paid in cycles. There are four payment cycles every month and each beneficiary is paid based on their day of
- Information: Social Security payments are paid in cycles. There are four payment cycles every month and each beneficiary is paid based on their day of birth.
CYCLE # | ASSIGNED PAYMENT DAY |
1 | 3rd of the Month |
2 | Second Wednesday |
3 | Third Wednesday |
4 | Fourth Wednesday |
DAY OF BIRTH | ASSIGNED PAYMENT DAY |
1-10 | Second Wednesday |
11-20 | Third Wednesday |
21-31 | Fourth Wednesday |
Rusty Shackleford was born on July 12, 1960. He elects to receive Social Security retirement benefits starting August 2022. Social Security payments are paid the following month, therefore his payment for August 2022 will be paid to him in September 2022. Based on the information provided, which payment cycle will Rusty have and what day of the month in September (day and date) will Rusty receive his first payment from Social Security?
September 2022
Sunday | Monday | Tuesday | Wednesday | Thursday | Friday | Saturday |
1 | 2 | 3 | ||||
4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 |
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