The first of the United States Social Security payments for the month of February is very close. This means that once the January retirement payment schedule is over, the last day of which was the 24th of this month, a new round of checks begins.
However, just because a new month of payments begins does not mean that all retirees will get the new Social Security check. In the first week, the Administration will send out two different payments, but we need to meet certain requirements in order to get both payments. It is also possible to get only one of these payments, but it depends on your situation.
If you meet the requirements, you will get your check in just a few days. This first of the February checks will not be the retirement payment, but a different payment. Some Americans call this other benefit the Social Security stimulus check, although its official name is Supplemental Security Income.
Thousands of Americans who have access to this extra monthly check do not apply for it. So, if you look at the requirements and happen to meet them, you should apply as soon as possible. While you may not be able to get this Social Security payment by February, you may be able to get it in the next few months.
How do you get two Social Security payments in the next week?
As we discussed earlier, the first of these two payments is the February Supplemental Security Income. This payment will arrive on the 1st of the month, as usual. However, the maximum check of $943 has two mandatory requirements. In order to qualify for it, we must be 65 years old or have a disability. Likewise, it is also mandatory to have low resources.
If we can get this monthly check and, in addition, get the retirement of group 1 beneficiaries, the payment could be double in the next week. So if you are part of this group of retirees you should prepare for the double check in the first days of February. This will only be the case if you have both benefits accepted and activate Direct Deposit as a payment method.
To recap, here are the requirements for collecting two Social Security benefits in the first days of February:
- Have Supplemental Security Income accepted in advance.
- Be a Group 1 retiree. That is, have had a Social Security check since before 1997.
- Activate Direct Deposit.
Only by meeting each and every one of these requirements will we be able to get two different Social Security payments within the first week of February. These two checks will have a different amount each, since the maximum Supplemental Security Income payment is $943 and the maximum retirement payment is $4,873.