The Social Security Administration (SSA) confirmed that several beneficiaries will receive an advance payment in August due to the Labor Day closures in the United States in September. This decision aims to avoid delays in monthly deposits and ensure that households can access their funds on time.

The primary beneficiaries of this advance will be those receiving Supplemental Security Income (SSI).

Typically, these payments are issued on the first day of each month. However, since September 1, 2025, falls on a holiday Monday, the corresponding payments will be moved up to Friday, August 29.

This change is in addition to the deposit already made on August 1, meaning that SSI recipients will receive two payments in August. It's important to clarify that the second deposit corresponds to the month of September, therefore, a new check will not be issued that month.

On the other hand, Social Security beneficiaries who do not receive SSI will continue to receive their payments according to the regular schedule, based on their date of birth:

In 2025, the average monthly Social Security payment increased to $1,976, thanks to a 2.5% cost-of-living adjustment (COLA). This increase seeks to offset the impact of inflation on beneficiaries' purchasing power. In June 2025, the average Social Security check for all beneficiaries was $1,861 and $2,005 for retired workers, according to the Senior Citizens League.

However, it's not all good news. Starting in July, the SSA began recovering overpayments made in previous years. In some cases, up to 50% of the monthly check is being withheld to recover those amounts. Beneficiaries facing this situation can file Form SSA-632 to request reconsideration or relief from collection.

On August 15, Social Security turned 90 years old. However, the program's financial woes suggest it could run out of funds to pay full benefits before its century-long existence. This would be one of the biggest challenges that must be resolved with the help of Congress.