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BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

Payments When Legal Holiday or Sunday Is the First Day of the Month

(Posted August 27, 2013)

Question 1051: Because September 2013 has a Sunday and a legal holiday on the first two days of the month, will my wife's Railroad Retirement payments be late?

Answer: Railroad Retirement Payments are usually made on the first business of the month for the preceding month. Today, almost all payments are made by Electronic Funds Transfer (EFT). Most financial institutions credit the accounts so the funds are available on the first of the month.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


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