Social Security payments scheduled for Wednesday will be disbursed on time, Social Security Administration Commissioner Michael Astrue announced Tuesday.
Up until late last week, it wasn’t clear if lawmakers would strike a deal to increase the debt limit, causing concern for recipients of Social Security and VA benefits who probably would not have received payments.
Payments set for Aug. 10, 17th and 24th will also go out on time.
“I am happy to announce there will be no delay in the payment of August Social Security benefits,” said Astrue, “which should be a relief to those people who were concerned about their benefits. I’m pleased the President and Congress were able to come together in a bipartisan fashion to avoid an interruption in payments.”