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Find out you could receive the first Social Security payment of 2023 today

The first payment of the 2023 Social Security schedule is advanced and it may reach its beneficiaries today

Abraham Quirós Villalba by Abraham Quirós Villalba
30/12/2022 10:05
in Money
Social Security 2023 money arrives earlier

Social Security 2023 money arrives earlier - CANVA

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In any of the States of the United States, the Social Security payment schedule is very easy to follow. Any pensioner who knows his date of birth can automatically know the day on which he will receive his benefit. Thus, the payment days are the second, third and fourth Wednesday of each month. But those are not the only payments from Social Security.

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There is also another payment that Social Security sends to low-income U.S. beneficiaries. This payment is usually for retirees over age 65, although there are many other U.S. citizens who can receive this check. To find out if we are eligible to receive the monthly Supplemental Security Income payment, we can use the Best Tool. It is the best and quickest way to find out what benefits we could apply for.

Social Security sends the check for this payment to beneficiaries on the 1st of each month. However, there are some irregularities that force the Administration to send payments in advance. When the 1st of the month is a weekend or vacation, Social Security sends this SSI check on the immediately preceding business day.

This means that there is no Social Security SSI payment in January, since the 1st of the month is a holiday. To find out when the Administration will send this payment just check that the immediately preceding business day is December 30. But in order to receive the SSA payment on the same day, another requirement must be met. Will you be able to receive your Social Security SSI payment today?

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How do I collect Social Security immediately?

To cash Social Security checks immediately, we must activate a particular cashing method. The SSA no longer sends out physical checks, so payments are greatly expedited regardless of the collection method. But there are two main methods.

Some beneficiaries will get first 2023 SSA payment sooner
Some beneficiaries will get first 2023 SSA payment sooner – CANVA

The first of these methods is by bank account. Although this is a very reliable method, it can take up to 3 days for the money to show up. This does not mean that the check from Social Security takes 3 days on a mandatory basis. It means that the SSA sends the money and up to 3 days later it could appear in the bank account.

On the other hand, the fastest and most effective method is Direct Deposit. This method means that the SSA check is cashed immediately. As soon as the Social Security Administration sends the money, the user receives it. It can then be used like any other debit card, so you can pay for purchases, rent and any other expenses you may have.

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