Any United States retiree can know the day he or she will receive a Social Security check. To find out the exact day of the pension, the senior has to know his or her date of birth and look at the calendar for the month. This way, he is sure to receive the payment on the second, third or fourth Wednesday of that particular month.
Every month, Social Security payments follow this structure. That is why it is so important to know the monthly calendar. That way you can know exactly what day you will receive your Social Security payment. In addition, if you have activated Direct Deposit, you will get the money directly to be able to use it. It is a fast, efficient and secure method that helps us to be able to pay our bills in advance.
But not everyone has Direct Deposit activated, as some people have only one bank account. In these cases, it can take up to 3 days for payments to appear. But there is nothing to worry about, as the Social Security Administration always sends payments on time. Therefore, if your payment is late in arriving, it is most likely due to a problem with your bank.
Who receives the next Social Security payment?
On the Social Security Administration’s payment schedule, the next check is today, the 9th of November. This is the first payment of the month, pertaining to the second Wednesday. Therefore, retirees who collect their benefit on this day are those who have their birthday between the 1st and 10th of the month. But this is not the only payment in November, as there are more payments.
In addition to this payment, the SSA will send payments also on the 16th and 23rd of November. But these payments are for the second and third group of pensioners. So the rest of the pensioners with a Social Security benefit will have to wait a little longer before collecting their pension.
How to increase pension dollars?
If you have already started collecting your Social Security benefit, there is no way to increase your monthly check. Only the COLA increases the amount of dollars you will receive next year, but you can’t increase it more than that.
To increase Social Security, it is essential that you have not started collecting your pension. In that case, try to follow these tips:
- Delay your retirement as long as you can. The limit is 70 years, since after that age there is no extra benefit.
- Work for at least 35 years.
- Have a high salary as a worker.
If you maximize these 3 aspects, you will collect the maximum benefit of $4,194 per month. This figure cannot be obtained if you have a disability benefit, since the maximum is slightly less.