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Social Security: Will President’s Day impact $1,657 payments?

Social Security checks worth an average of $1,657 are going out this month with the COLA increase of 5.9%.

social security card with cash representing social security benefits payment

February has a federal holiday: President’s Day.

Federal holidays result in federal office closures.

Many are wondering how this may impact their Social Security payments next week.

Social Security: When are benefits recalculated?

Social Security payments and President’s Day

Social Security payments go out on the second, third, and fourth Wednesdays of each month.

Which Wednesday you’ll see yours depends on when your birthday falls.

For the week of President’s Day, those with birthdays landing between the 11th and 20th will see their payments Feb. 16.

Anyone with birthdays between the 21st and 31st can expect their payment Feb. 23.

Because President’s Day is on a Monday, it won’t impact Wednesday’s payment.

If your payment date ever falls on a holiday, you’ll get it the business day before.

SSA services and President’s Day

If you need services on Monday, you’ll need to wait until the next day.

This means any issues with SSI or SSDI will need to wait.

The offices will reopen on Tuesday.

Schools, USPS, some banks, and the stock market are all closed on President’s Day.

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