July 22 Social Security payments: who gets paid this week

Social Security checks for July 22 will be issued this week per SSA rules: people born between the 21st and the end of their birth month will receive their benefits on July 22, with the remainder following the SSA calendar—birthdays 1–10 on the second Wednesday, 11–20 on the third Wednesday, and after the 20th on the fourth Wednesday. SSI payments go out on the first business day of the month, and those who receive both Social Security and SSI get Social Security on the third day and SSI on the first. The article also notes a potential funding shortfall by 2032 and discusses a proposal to cap benefits at $100,000 to shore up the retirement trust fund.