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Social Security retirement benefit check arrival date
03-19-2020, 10:55 PM
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#1
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 456
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Social Security retirement benefit check arrival date
Has anyone ever heard of a situation where a recipient would receive their Social Security benefit retirement check on a Friday instead of the normal Wednesday delivery date? Someone I know has their retirement check deposited at a credit union and said that the credit union statement indicated that the deposit was made on a Friday.
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03-19-2020, 10:58 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,012
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Was it late by 2 days, or early by 6 days ?
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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03-20-2020, 07:46 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Dec 2018
Location: DuPage County IL
Posts: 2,702
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huh! never noticed that the SS deposits always occurred on a wednesday.
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Rich
Ham Radio, Sport Pilot, RVer
FIRE: 8/11/2005, age 55y,1d
Dispatcher, then shift supv, then administrator for a regional 9-1-1 call center
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03-21-2020, 07:44 PM
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#4
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 456
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Quote:
Originally Posted by Sunset
Was it late by 2 days, or early by 6 days ?
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Now it seems like the friend said the deposit WAS deposited on Wednesday, but the credit didn’t, for some reason, reflect on their bank statement until Friday. Thanks for your help.
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03-23-2020, 11:48 AM
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#5
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Recycles dryer sheets
Join Date: Nov 2015
Posts: 96
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I have a similar situation with my bank. The deposit is made on Wed and shows as if there but doesn't say available until Fri. I can still write checks against it but if I were to go to the bank and withdraw all of the SS amount the bank would refuse. I have the same thing happen with another monthly VA check.
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03-23-2020, 12:56 PM
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#6
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 456
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Quote:
Originally Posted by Bflotomny
I have a similar situation with my bank. The deposit is made on Wed and shows as if there but doesn't say available until Fri. I can still write checks against it but if I were to go to the bank and withdraw all of the SS amount the bank would refuse. I have the same thing happen with another monthly VA check.
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Wow! That’s really a raw deal!
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03-23-2020, 12:59 PM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,012
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Quote:
Originally Posted by Bflotomny
I have a similar situation with my bank. The deposit is made on Wed and shows as if there but doesn't say available until Fri. I can still write checks against it but if I were to go to the bank and withdraw all of the SS amount the bank would refuse. I have the same thing happen with another monthly VA check.
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Maybe the bank is worried the gov't payment will bounce
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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03-23-2020, 01:19 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,135
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Quote:
Originally Posted by Bflotomny
I have a similar situation with my bank. The deposit is made on Wed and shows as if there but doesn't say available until Fri. I can still write checks against it but if I were to go to the bank and withdraw all of the SS amount the bank would refuse. I have the same thing happen with another monthly VA check.
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Wow, that is crazy. The bank where DW has her SS deposited makes it available right away. I would like like it if they did not.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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03-24-2020, 10:34 AM
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#9
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Recycles dryer sheets
Join Date: Dec 2013
Posts: 174
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USAA bank appears to credit my account a day or two early. Both SS and military retirement. I suspect the federal electronic transfers go out to the direct deposit accounts the day before?
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03-25-2020, 08:11 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Sep 2007
Posts: 1,199
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Both of our credit unions post our SS checks on Tuesday, even though they don't officially come until Wednesday. Two different CUs, two different weeks for the SS deposit.
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