The first wave of August Social Security retirement payments lands Wednesday, August 12, for beneficiaries born on the 1st through the 10th of any month. The maximum monthly benefit now stands at $5,181 for those who waited until age 70.
That deposit is the money many retirees use for rent, groceries, and prescriptions this month. Knowing the exact date lets households time bill payments, avoid overdrafts, and plan any discretionary spending without guessing when the cash arrives.
