Retirees in the United States can know in advance the day on which they will get each of their Social Security checks. This is a great advantage, as it allows us to plan our finances for the entire month without any problems.
Likewise, we can also know when we will have the money available to pay bills and other monthly expenses. In addition, all this is important because it increases the quality of life. If retirees can know the day they get the money they can know if they will be paying their bills soon.
Best of all, the Social Security Administration pays retirement payments to retirees on up to four different days. This means that if we don’t collect the payment on one day we will make it on one of the next.
To tell the truth, the convenience offered by the Administration in this regard is very great. Thanks to this, retirees who only collect a Social Security check can know their collection day perfectly well.
Which retirees get their next payment in less than a week?
The new Social Security check will arrive in less than a week to your beneficiaries. This check will be the payment on February 28, 2024. This last payment this month will only be exclusive to an exact group of United States citizens with a benefit.
Retirees eligible to get this payment are those who:
- Have a birthday between the 21st and 31st of any month.
- Have a Social Security retirement benefit since after May 1997 (including May).
This is the only way to obtain this new benefit. And it doesn’t matter if the retirement is for Disability or for some other reason. The important thing in this case is simply to have the check accepted and to be within that group.
Likewise, retirees who do not have Direct Deposit activated will have to wait a few days to get their monthly check. In the case of having it activated, we will be able to collect the money immediately, regardless of the amount we get.
In the case of having an average check, the average increase of the benefit since 2023 is $60. Although the truth is that each retiree gets a different check from Social Security and, therefore, a totally different increase.