Only three groups of United States retirees can get one of the next checks the Administration will send out. In order to collect Social Security in the next few weeks, we must belong to group 3, 4 or 5. Each of these groups will receive their benefits in a different week.
On the one hand we find that the Social Security payment may arrive for retirees, but it is also possible to get a different payment for certain groups of Americans. This other group is Supplemental Security Income recipients. Not all retirees are eligible for this check, but those who are may get an extra check before the end of the month.
In the case of having both Social Security and Supplemental Security Income payments, a beneficiary would be able to add a maximum of $4,555 from retirement and $943 from SSI to his or her bank account. While these are the maximum checks, this does not mean that all Americans can access them.
WHO CAN COLLECT TWO SOCIAL SECURITY PAYMENTS BEFORE THE END OF DECEMBER?
In order to get two payments before the end of December 2023 we will need to meet several requirements. In the case of not meeting these requirements it does not mean that we will not have two checks, since it is possible that we have previously cashed one of them.
So these are the conditions:
- Have had a Social Security check since after 1997. This will make it so that we can collect the payment on the 13th, 20th or 27th day of December. The exact day will depend on the beneficiary’s birthday.
- Have Supplemental Security Income. The Administration will send a payment of this benefit on the next December 29th. However, this payment is in advance of January 2024, so it will have the COLA added to it.
Meeting these requirements means that the Administration will send us these two checks before the end of the month, but not that we will be able to access the payment immediately. In order to cash the check in this month we will need to have an option activated.
HOW TO CASH THESE TWO CHECKS WITHIN DECEMBER?
The way to get these two checks and any other Social Security payment instantly is to activate Direct Deposit. This method is the fastest of all and the money appears immediately.
Therefore, by activating this option, the Social Security money for December 13, 20 or 27 will appear in the bank account in December, as well as the payment for the 29th of the same month.
Beneficiaries who do not activate this collection method will still get the money, but a few days later. The amount, regardless of the amount, may take up to 3 days to appear in the current account, but the money may arrive later if there is a weekend in between.