August will be over in just a few weeks, and that means a lot to some United States Social Security beneficiaries. With the end of August, it is common for the good weather to end within some territories. For that reason, after August there are not as many scheduled vacations. However, there is still time to have a vacation and enjoy it.
For that reason, if we have not yet cashed our Social Security check and are waiting to do so we may soon have it in our pocket. In just a few days the last of the August retirement payments will reach beneficiaries. Only a select group of retirees will be able to collect this benefit, so you can check to see if you are on the list.
In case you are on the list just wait to receive this check and use it on whatever you want. One of the best things about Social Security money is that we can spend it on what we really need. So if someone needs a vacation and can afford it, that’s what they should do. Are you on the list of pensioners who will cash the next pension check?
LIST OF RETIREES WHO WILL COLLECT THE LAST SOCIAL SECURITY IN AUGUST
There is only one group of retirees who may receive the last of the August benefit checks. This group will collect the payment of up to $4,555 on the fourth Wednesday of the month. In order to receive Social Security on this day, two requirements must be met.
The first of these requirements is to have the benefit after 1997. If we have applied for the benefit before that year, the payment will arrive on a totally different day. However, retirees who have the benefit after this year will receive check on one of the Wednesdays of the month.
To receive the payment on this particular Wednesday, i.e., on the 23rd day of August, another requirement is necessary. In addition to having the benefit since after 1997, it is mandatory to have a birthday between the 21st and 31st of the month.
If these two requirements are met, we will be able to receive the Social Security benefit on this day. Otherwise, the check arrives on a different day and we should already have it. The payment on the 23rd of August is the last of the month. Therefore, if this is not our payment day, we will have to wait until September to receive a new one.