2024 How Long Does It Take Social Security To Change Direct Deposit

Social Security benefits, which was started in the year of 1935, in the realm of President Roosevelt, is a program that offers monetary payments to people who are residents and also for non-residents of the United States. To transfer the social security benefits to an individual’s account, a payment method named the ‘Social Security Direct Deposit’ is used.

The Social Security Direct Deposit is a payment method utilized by the United States Social Security Administration. By using this payment method they transfer the monetary payment amount to the bank account to the eligible individuals. It is an electronic payment system that does not require the payee to visit the bank physically to claim the benefits.

There may be times when you may need to change your registered bank account number or want to switch your bank (which results in changing the bank account number), you will need to update these details to Social Security for changing Social Security direct deposit details.

Coming back to our original question, according to various sources, it is confirmed that it takes anywhere around 1 month to months at maximum for Social Security to change direct deposit.

how-long-does-it-take-social-security-to-change-direct-deposit

There are several ways to change the social security information, the best and the most convenient way is to visit the official website and create an account there. Not having an internet connection – no worries! You can also call the Social Security helpline no. to make the required changes in the details.

Below is an important thing that you should keep in mind if you wish to update the details of your social security. While changing your social security details it’s better to continue claiming your benefits to the previous account if everything is not set up properly.

What happens when a Social Security direct deposit goes to a closed account

Well, the bank account that was linked with the Social Security direct deposit account may run into some sort of problem. In these cases, the respective bank is not able to settle the payment to your bank account and returns the amount to the SSA (Social Security Administration).

Once the administration finds that the money they had issued to you was unable to reach your bank account, they offer a physical check to be delivered to your address which they have with them.

For these cases, make sure that the postal address that you write while opening up a Social Security deposit account is your permanent address and make changes to them in case you need to check your permanent address.

READ MORE: Why Direct Deposit is the Best Way to Get Paid

How do I change my social security deposit from one bank to another?

Changing the bank account from one bank to another and ultimately updating them in the database of the Social Security Administration can be done quite conveniently from the official website of the Social Security Administration.

Here’s how you can do it once you have your new bank account details.

  1. Visit the official website of the Social Security Administration.
  2. In case you don’t have an account yet, create one. If you already have an account, log in with your credentials.
  3. After logging in, you can see an option named Direct Deposit.
  4. Click on the Direct Deposit option.
  5. Enter the details of your new bank account and confirm it. And, it’s done!

As we have already said, there are multiple ways of changing information. Repeating the same thing, you can also make changes by dialing the Social Security Administration.

Checkout our home for more info: deposithit.com

Social Security direct deposit dates 2023

The payment of social security deposits reaches the payee’s bank account on the 2nd or 3rd or 4th Wednesday of a month. However, the payout dates of social security direct deposits are scheduled quite interestingly. The payout date of the Social Security direct deposit depends upon your birthdate. And, it is scheduled to be credited either on the 2nd Wednesday or the 3rd Wednesday, or the 4th Wednesday depending upon your date of birth.

To reduce confusion, we have given the list of the first payout date of every month.

In case any of the aforementioned dates is a holiday, the amount gets credited to the bank account on the last Friday of the penultimate month.

The list of the first payment of every month date of social security deposit dates 2023 is given right below

  • 11th January 2023
  • 8th February 2023
  • 8th March 2023
  • 12th April 2023
  • 10th May 2023
  • 14th June 2023
  • 12th July 2023
  • 9th August 2023
  • 13th September 2023
  • 11th October 2023
  • 8th November 2023
  • 13th December 2023

We hope that you have liked this post about changing social security direct deposit. We have, in very simple language, described the whole process. Please note that you can also physically visit the nearest Social Security office too to change your details.

What is the Social Security payment schedule for 2023?

Month

2nd Wednesday

3rd Wednesday

4th Wednesday

January

January 11, 2023

January 18, 2023

January 25, 2023

February

February 8, 2023

February 15, 2023

February 22, 2023

March

March 8, 2023

March 15, 2023

March 22, 2023

April

April 12, 2023

April 19, 2023

April 26, 2023

May

May 10, 2023

May 17, 2023

May 24, 2023

June

June 14, 2023

June 21, 2023

June 28, 2023

July

July 12, 2023

July 19, 2023

July 26, 2023

August

August 9, 2023

August 16, 2023

August 23, 2023

September

September 13, 2023

September 20, 2023

September 27, 2023

October

October 11, 2023

October 18, 2023

October 25, 2023

November

November 8, 2023

November 15, 2023

November 22, 2023

December

December 13, 2023

December 20, 2023

December 27, 2023

How can I check my social security status?

To check your social security status follow the below steps:

  • Go to the home page
  • Scroll down to “Your Benefit Application
  • Go to Current Status and check your application status.
  • For more info, you can go to ssa.gov

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