The 2023 Social Security payment schedule indicates that benefits will be paid out on one of three Wednesdays. If you were born on the 1st through the 10th, you’ll receive your benefit on the second Wednesday of each month. If you were born on the 11th through the 20th, you’ll receive your benefit on the third Wednesday of each month. If you were born on the 21st through the 31st, you’ll receive your benefit on the fourth Wednesday of each month.