On May 8th, 2024, thousands of United States citizens will be able to enjoy a new Social Security retirement check. This will be possible only for those Americans who meet two mandatory requirements.
Also, in order to have the money on May 8th, 2024, it is necessary to meet another extra requirement. In this way we will be able to have the money immediately without having to wait even one day. But if we do not meet this requirement, we will still get the Social Security payment.
How do I get Social Security on May 8th?
The benefit on May 8th, 2024 will arrive for group 2 retirees. Group 1 and got their benefits on the 3rd day, so this is the second group of Social Security beneficiaries to receive their collections in this month.
To get the payment we have to take into account two requirements. The first is to have the benefit accepted after May 1997. On the other hand, the second requirement is to have a birthday between the 1st and 10th of the month.
In this sense, we must watch out for both requirements. If we meet only one of them, it will not be enough to get Social Security on May 8th, 2024. Therefore, we must meet both requirements without exceptions.
The collection method influences the Social Security check
The exact day we can get the Social Security retirement payment may change depending on the collection method. In this regard, it is not only the year of retirement or the day of birth that can change the day we will get our benefit.
It is true that these two elements shape the day on which the SSA sends out each check. But getting payment on the same day it is sent is only possible if we activate Direct Deposit. This collection method is the fastest of all, since it is instantaneous.
Americans who do not have Direct Deposit activated will still get their Social Security benefit every month, but always a few days later. There is no problem getting it, but getting it a little later may change some retirees’ schedules.