For millions of Americans, Social Security and Supplemental Security Income (SSI) payments are a vital source of income. As August approaches, knowing the exact dates these benefits will be distributed is crucial.

Supplemental Security Income (SSI) recipients already received their first August payment on Friday, August 1. A second payment will arrive Friday, August 29 to account for the Labor Day holiday, which falls on September 1. That early deposit covers the September benefit, meaning SSI recipients will not receive a payment in September.

The new Social Security payments for retirees aged 70 and above, now capped at $5,108, go out tomorrow. When will checks arrive? Social Security payments are scheduled to begin on the second Wednesday of every month and continue in waves on a weekly basis.