August's Social Security payments will head out to recipients soon. Here's the payment schedule for the month and how to find out when you'll get paid.

When you receive your check depends on how long you have been collecting Social Security and your date of birth. Note that SSI recipients get two checks this month and none the next

The new Social Security payments for retirees aged 70 and above, now capped at $5,108, go out in 11 days. When will checks arrive? Social Security payments are scheduled to begin on the second Wednesday of every month and continue in waves on a weekly basis.