Monthly Social Security payments depend on several elements. If we live in the United States and are waiting for one of these benefit checks, payment could arrive as early as this week. The Administration will send new checks to eligible retirees today.
If you are on the retiree list, you can receive your Social Security benefit today. In order to receive the check today, August 9th, three conditions must be met. Without these conditions it is impossible to get a check today. We can get it during the days of this week, but not on the current day.
The rest of the beneficiaries have nothing to worry about. The benefit will reach all citizens with Social Security during the month of August. But not everyone will be able to receive the payment on the same day. This payment schedule lets beneficiaries know on which day they will receive their pensions. Are you eligible to receive today’s check for $4,555?
WHO IS RECEIVING SOCIAL SECURITY UP TO $4,555 TODAY?
The $4,555 payment is the maximum in 2023. This is important to always keep in mind. And that is because not all retirees get to collect the same amount in their benefit. The maximum Social Security benefit is $4,555 and the average is around $1,800 per month.
Each beneficiary receives an individual benefit. The amount depends on each beneficiary’s work history. In order to receive a check on August 9th, three requirements must be met:
- Have been receiving the benefit since after 1997.
- Have your birthday between the 1st and 10th of the month.
- Activate Direct Deposit as a payment method.
The last of these three requirements indicates the day on which we will receive the money. In other words, if we activate Direct Deposit we will collect Social Security today. Otherwise, just by fulfilling the other two requirements, we will receive the money, but not instantly.
WHEN DOES SSA SEND THE OTHER PAYMENTS?
In addition to today’s payment, the Social Security Administration will send other payments during the weeks of August. To receive one of these checks, other requirements must be met.
After today’s payment, the next payment day is August 16th. To receive the pensioner’s pension on this day, it is necessary to have a birthday between the 11th and 20th of the month. Likewise, it is also mandatory to have the benefit since after 1997.
Finally, the Social Security Administration will send another payment on August 23rd. This payment will be for post-1997 retirees with birthdays between the 21st and 31st of the month. After that payment we will have to wait until September to get a new benefit.
Remember to activate Direct Deposit if you want to receive your benefit immediately. Otherwise, it may take up to 3 days for your Social Security check to arrive in your pocket.