Next week a new group of United States retirees will have a payment of up to $4,873. This new group has to meet two requirements. If you meet these two conditions, the Social Security Administration will pay this check and it will go into your checking account.
But there are some Americans with accepted retirement who will not get this check. For them, the payment will arrive on different days. It all depends on the conditions of each person and the group to which he or she belongs. In total, the Social Security Administration pays 4 checks to 4 different groups during each month.
So if you are not part of group 2 of retirees, you can be part of other groups of beneficiaries. The factors that determine which retiree group we belong to are year of retirement and birthday.
For that reason, we cannot change the day on which we collect each Social Security check. But what we can do is check in advance on what day of the month we will get this benefit. The government always announces both the eligibility requirements and the collection days well in advance.
Who gets the $4,873 Social Security benefit in a week?
First of all, it is good to remember that the $4,873 monthly payment is the maximum check that the Social Security Administration sends out. Therefore, not all Americans can reach this monthly amount. The amount of this benefit payment is different for each beneficiary.
Regardless of the amount, retirees can get payment within the next week if:
- They have had their benefit since after 1997.
- They have their birthday between the 1st and 10th of the month.
If you belong to this group, the money will appear on March 13th. Remember to have Direct Deposit activated to collect the check at the same moment it is sent.
For those Americans who do not have Direct Deposit activated, the money will arrive a few days later. The best thing to do in these cases is to activate Direct Deposit in order to get the Social Security money as soon as possible.
Post-1997 retirees with birthdays between the 11th and 31st of the month will have their benefit on the 20th or 27th of March. Each of these days is for a specific group of Social Security beneficiaries.