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Trends, wellness and entertainment news

Banks announce four new Social Security payments in the coming weeks of June

Find out easily with just your personal information if you will receive up to two different Social Security checks in the coming weeks

by Abraham Quirós Villalba
10/06/2023 06:57
in Money
Social Security Administration will send 4 different paychecks within the next weeks

Social Security Administration will send 4 different paychecks within the next weeks - CANVA

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Americans to receive a new $60 per month increase in Social Security benefits

Millions of U.S. citizens will receive a new Social Security payment, including inflation increase

If you were born these days you will get a new Social Security $4,555 check in October

In the next few weeks banks in the United States will be receiving up to 4 different Social Security checks. Cashing each of these checks will depend on several factors. What is certain is that the maximum number of these payments each citizen can get is two. It is not possible to get more than two checks from the next four payments that the Social Security Administration will send to its citizens.

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In order to get one of these checks we only have to meet a few simple requirements. The first of these requirements is to have previously accepted a retirement or disability benefit. Any other type of Social Security benefit falls into this group. Therefore, we can state that it does not matter what type of benefit we collect to determine if the next payment is for us.

The important thing to know whether we will get the next check or not is related to personal information. The Social Security Administration divides retirement beneficiaries based on their date of birth and year of retirement. So by using this information and the calendar we will be able to determine on what day exactly each citizen will receive his or her retirement.

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When will Social Security send the next payments?

During the month of June the Social Security Administration sends out a total of 6 different checks. Each of these checks is for a different group of retirees. Two checks are for Supplemental Security Income recipients and the remaining checks are for age or disability retirees.

You can enjoy a new SSA paycheck in days
You can enjoy a new SSA paycheck in days – CANVA

In total, a beneficiary could receive up to 3 checks. This is because a retiree who collects a disability check and Supplemental Security Income will have access to three of the payments. The earlier Supplemental Security Income payment in June is due to a timing irregularity.

These are all the days the Social Security Administration sends checks in June: June 1st, June 2nd, June 14th, June 21st, June 28th, June 30th. Each retiree will have his or her own retirement check on one of these days. As for these checks, it is impossible to receive two in the same month. It is only possible to have two Supplemental Security Income checks within the same days of the month if there is an irregularity in the calendar.

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Banks will have available the retirement payment earlier
Banks will have available the retirement payment earlier – Licensed AdobeStock

Next payment is the 14 June

The next 4 payments in the next few weeks are the 14th, 21st, 28th and 30th. The last of these payments is only for Supplemental Security Income recipients. It is possible to receive this payment immediately, as well as the other checks, if we have Direct Deposit activated.

The other checks are for post-1997 Social Security retirees. On the 14th day, those born between the 1st and 10th of the month will receive their retirement. The 21st is the payment for beneficiaries with birthdays between the 11th and 20th of the month. Finally, the 28th is only for retirees born between the 21st and 31st of any month.

Tags: moneypaymentretirementSocial SecurityUnited StatesViral
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