August Supplemental Security Income payments, worth up to $967, will go out to recipients in 12 days. SSI payments are typically distributed at the start of every month to beneficiaries with limited income who are either blind, 65 and older, or have a qualifying disability.

Those who retire at age 62 can receive up to $2,831 per month, while waiting until 67—the full retirement age—increases the maximum benefit to $4,018. For those who delay claiming until age 70, the monthly benefit rises to a maximum of $5,108.