Social Security benefits have a great planning advantage for United States citizens. Any pensioner with a benefit already accepted knows when they will be able to have those coveted dollars in their bank account. This organization is critical for the vast majority of retirees, as most pensioners can know when they will receive their benefit. Many of these pensioners only have Social Securityas a source of income, so these dates are really important for them.
In any case, it is good to remember that it is not advisable to live every month with Social Security as the only source of income. It is much better to look for another way to earn money. You can always sell things you don’t need or have a part-time job.
Still, knowing what the payment dates are is really important for many reasons. But the good thing is that knowing these payment dates is really easy, since the Social Security Administration shows a calendar with these days.
So, if your birthday is between the 1st and 10th of the month, the Social Security Administration will send you your pension check on the 9th of November. This is very good news for those pensioners who are waiting to receive their benefits. If you were not born between these two days, don’t worry, as you will receive your benefit in the future as well.
Pensioners born between the 11th and 20th of the month will collect their Social Security benefit on the 16th of November. On the other hand, the last payment for this month will be on November 23rd and the SSA will pay the benefit for those born between the 21st and 31st of the month.
When will I receive my Social Security benefit?
As we mentioned earlier, Social Security will send the November retirement and disability pension payments on the 9th, 16th and 23rd. But that does not mean that retirees will receive their benefits on the same day. Depending on the payment method you have, you will receive your pension earlier or later. These are the two most common payment methods for collecting Social Security.
Bank account. This is the most common way to receive Social Security money. It can take up to 3 days for the pension to appear in the bank account.
Direct Deposit. This method allows retirees to have their benefits immediately in their pocket. They do not have to wait for anything and it is a very convenient method. With Direct Deposit, there is no need to have a bank account.
Whichever method you choose, you will have your Social Security benefit this week if you meet the birthday requirement.