A huge group of retirees will soon receive the first of the Social Security checks in 2023. Not all United States citizens with an accepted benefit will be able to receive this next check. In order to receive the first Social Security check of 2023, a prerequisite must be met. By meeting this requirement, any senior will be able to have his or her retirement benefit in just a few days.
However, there is no need to worry if this requirement is not met. The rest of the pensioners will receive their checks in the following weeks. Thus, pensioners born between the 1st and 10th of the month will receive their checks very soon. On the other hand, pensioners who were not born between these days will be entitled to their benefit, but in different weeks.
In any case, it is also good to keep in mind that the 11th day of January is the chosen day on which the Social Security will send the first of these checks. But this does not mean that the retiree will receive it on this exact day. In order to receive the check on the same day that Social Security sends the check, it is also mandatory to have Direct Deposit activated, although this is optional.
How to receive the Social Security check quickly?
As mentioned above, activating Direct Deposit is the key to receiving your Social Security checks as soon as possible. It is an immediate method. Therefore, the senior with a benefit will not have to wait a day to be able to use his or her pension money.
This is the fastest way to collect the Social Security benefit. On the other hand, it is also possible to use the bank account. The problem with using the bank account to collect Social Security is that it is slower than Direct Deposit. Even so, it is also effective, although the money can take up to 3 days to arrive.
These are the only two methods for cashing Social Security checks in 2023. It is not currently possible to cash the benefit by physical check, so you must choose between bank account or Direct Deposit.
Increase subsidy checks
For all United States citizens who have not yet started collecting their retirement benefit, it is possible to receive an increased check. However, there are a number of tips to follow in order to maximize the check.
- Delay retirement age.
- Work for 35 years.
- Have a good salary as a worker.
If you maximize these 3 aspects, your Social Security retirement benefit could be as much as $4,555 per month. In any case, remember that in order to get the largest SSA check, it is necessary to delay retirement until age 70.