In just a few hours the United States Social Security Administration will make the first of the payments for retirees with a post-May 1997 benefit. If your check is after that time, you may receive the new retirement benefit within hours, so pay attention. These types of payments only come once a month, so if you don’t get a May 8th check, you may get your benefit in the next few weeks.
Also, the retirement payment is divided into four different checks. Whether you get your payment sooner or later depends on whether you meet certain requirements. It is easy to find out which requirements we have to meet on each of the payment days. A quick glance will be enough to see if the payment of up to $4,873 will appear in your checking account in the next few hours.
In general, U.S. Social Security retirees are divided into two large groups. The second of these groups is further divided into three different groups. Well, one of these three different groups is the one that will get the new check soon. Check the requirements and mark the calendar on May 8th to better organize your finances for the month.
Requirements for getting Social Security on May 8th
There are only two requirements to meet in order to get the new payment on May 8th, 2024. If we meet them and also choose the fastest collection method, we will have the money available on the same day it is sent.
To be part of the group that gets your Social Security payment on May 8th, we must:
- Have a birthday between the 1st and 10th of the month.
- Get a Social Security benefit after May 1997.
And remember, your month of birth does not have to be in May or any particular month. The important thing to get a Social Security payment is to be born between the stated days. Neither the year of birth nor the month is important, only the exact day.
As for the collection method, the fastest one is Direct Deposit, since it delivers the check at the same moment the Administration sends it. If we have not activated it, the money will take about 3 days to appear in the chosen checking account.