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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Do You Know What I Received A Deposit Today?
I received a deposit of $141.00 today October 12 can you tell me what this deposit is for?
Hi. No, I have no idea. Sometimes people will receive extra or irregular Social Security benefit payments as a result of benefit recomputations. The most common cause of a recomputation is to include additional earnings that the person had after starting to draw benefits, but I wouldn't have any way of knowing if that's what caused the payment that you received.
In any case, when Social Security sends payments other than regular monthly benefits they also normally mail a notice explaining the payment within 2 weeks. If you don't receive such a notice or if the notice doesn't adequately explain the payment then you'll need to call Social Security for an explanation.
Best, Jerry
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October 12, 2021