The new United States Social Security retirement payment will arrive later this week. But this is not the only remaining payment for the month of April, as the Administration will be sending out more checks before the end of the month. To be exact, the Administration will pay up to 2 more additional checks.
So if you have a Social Security retirement you could get the payment in the next few days. If not, the money may already be available in your bank account. The checks for the first group of retirees have already been mailed. This payment was sent on April 3rd and was only for pre-1997 retirees.
How to get the next Social Security payments?
So, if our check is prior to 1997, payment should be available. But if not, the payment will arrive in the next few weeks. This payment will appear on April 10th, April 17th or April 24th only for retirees with a benefit claimed after 1997.
However, for each of these days there is an extra requirement. Each day has its specific requirement and everything will depend on the date of each American’s birthday. So pay attention to these conditions:
- April 10th. It is mandatory to have the birthday between the 1st and the 10th of any month.
- April 17th. Retirees with birthdays between the 11th and 20th of the month get their Social Security benefit.
- April 24th. To get a check on this day we need to have a payment between the 21st and 31st of any month.
This way we will know the exact day the Social Security Administration will pay our retirement check. But still remember that it is important to keep in mind that the collection method chosen greatly changes the day we have the money available.
What is the fastest collection method to get Social Security?
As of today it is possible to get your retirement check through two different methods. The default method is by wire transfer. This will get the money into our checking account without any problems, but it will take a few days for it to be available.
The other method of collecting Social Security is Direct Deposit. With this method we will be able to have the money immediately and we will not have to wait a day to use it.
The final choice of method is personal and individual. So each beneficiary can choose the method they prefer, being Direct Deposit the fastest of all. Otherwise, we will have to wait a few days, although the maximum waiting time is usually three days.