Each new month that begins means that the Social Security payment schedule begins for millions of beneficiaries in the United States. And this is huge news on the good news front, as it makes a large check of up to $4,873 available to many citizens depending on one’s situation.
However, not all Americans can get the payment on the same day. These checks are totally individual and in order to get payment on one of these days of the month it is mandatory to meet certain conditions. One of the requirements to get the new payment this week is to have a birthday on specific days. Likewise, it is also essential to have the check from after a specific year.
For that reason, not all Americans can obtain this kind of payments, but a large group of them can access this benefit. The important thing in these cases is to know perfectly what the requirements are and thus mark in the calendar the days in which we will get the payment. In this case, the requirements are clear and we will see them below. Do you already know if you meet the requirements for the new Social Security payment?
Eligibility requirements to get your Social Security payment this week
This week’s Social Security retirement benefit payment was on January 10th. This payment day is only for retirees who meet two requirements. It is also possible to have obtained the payment on January 10th itself, but it is also possible to get the payment during the week.
Thus, Social Security beneficiaries who meet these requirements will be able to get the money:
- Have a benefit since after 1997.
- Have a birthday between the 1st and 10th of any month.
If we have activated Direct Deposit, the money arrives on the same day it is sent. In this case we are talking about January 10th. Otherwise, the payment arrives in the days following the shipment. There is no exact day for these payments to reach the bank, as it all depends on our bank.
Other retirement payments for 62-year-old beneficiaries
Payments for Social Security seniors do not always arrive on the same day. After the January 10th payment there are two more payments that will arrive for retirement beneficiaries who fall into groups 3 and 4 for the month.
Group 3 retirees are paid on January 17th. The mandatory requirements for this group are to be between the 11th and 20th of the month, as well as to have received the retirement benefit since after 1997.
On the other hand, Group 4 retirees will receive their benefits on January 24, 2024. This payment will be for those Americans with a post-1997 benefit and a birthday between the 21st and 31st of any month.
The maximum payment for all Social Security categories is $4,873, which does not imply that all retirees will get such a benefit. Each American gets a different check depending on the characteristics of his or her retirement.