The Social Security Administration’s payment schedule has already begun for millions of United States citizens. The first of these payments was last March 1st, as Social Security sent the Supplemental Security Income to the beneficiaries of this benefit. However, this cheque is not for all pensioners, so for many of them the payment schedule starts this week.
It is also important to remember that not all United States citizens will receive a check on the same day. The Social Security Administration divides retirees so that there are three different groups. Each of these three groups is made up of retirees with a birthday on a certain date.
Retirees who receive the next of the Social Security checks, which is the first of the month in March, are not just disability users. All other retirees can also receive checks on this day. In order to receive the check, it is only necessary to meet the date of birth requirement. So whether you are retired for age, disability or some other reason, you can receive your check this week. Are you in the first Social Security group of the month?
Next group to receive Social Security checks
In just a few days, the first of the retiree groups will receive their Social Security check. The exact day the Administration will send out the check will be March 8th. This means that in just two days many pensioners will enjoy the dollar amount corresponding to their benefit.
In order to receive this cheque we need to have the birthday between the 1st and 10th of the month. In addition to the requirement of having been accepted for a Social Security benefit, that is the only condition. Therefore, we can easily know if we will cash the cheque on the next day.
When are the other pension payments in March?
In addition to this payday, the Social Security Administration sends out other checks in March:
- March 15th. Payment for retirees born between the 11th and 20th of the month.
- March 22nd. On this day, Social Security sends checks to retirees with birthdays between the 21st and 31st of the month.
So now you know what day you will receive your check in March. You can collect on the 8th, 15th or 22nd, depending on your date of birth. And remember that to receive the cheque as soon as possible the best option is always to activate Direct Deposit.
We can also receive the money by bank deposit, but this method can take up to 3 days. So if we activate Direct Deposit we will get the money immediately from the moment the Social Security Administration makes the payment.
This method of collection also has the advantage that we can receive any other type of benefit directly. And not only that, but also IRS related payments such as Tax Refund.