Payments from the Social Security Administration in all United States are divided into different calendar days. Each month, the Social Security Administration sends the checks to the various retirees who have the benefit previously accepted. However, not all retirees may have access to all payments.
Each group of beneficiaries receives the benefit on a different day. That is why it is important to know which group of Social Security retirees you are in. The Administration divides retirees into as many as 2 different groups. Even so, the second of these groups is divided into three different groups. Just by knowing which group we belong to, we can organize our finances in the best possible way.
So try to know the payday to guess if you can have the next one of the checks from the Social Security Administration. The best thing about this United States pensioner system is that there are no delays in sending payments. However, it may take a little longer to receive the money depending on the collection method you use.
What do I need to qualify for the next Social Security?
There is one requirement that must be met in order to be among the next Americans to receive Social Security retirement benefits. This requirement is related first to the year of retirement and then to the date of birth. In this sense, in the end there are two mandatory requirements to be able to receive the next retirement payment.
Year of retirement
In order to have the next check of up to $4,555 from Social Security, it is mandatory to have applied for the benefit after 1997. This is because retirees prior to that date collect the benefit on the 3rd day of the month. This is the norm in these cases.
Retirees who applied for their benefit after 1997 will receive their Social Security check on the second, third or fourth Wednesday of the month. This will depend on the date of birth. The next payment is the first of this group, which is the second Wednesday in May.
Day of birth
The other fundamental requirement to receive the next of the benefits is to be born between the 1st and 10th of the month. This other requirement is mandatory if we want to receive the benefit on the next day. In addition, it does not matter whether the benefit is for disability or for some other reason.
The only important thing in this case is the day of birth. This, coupled with the year of retirement means that the Social Security check can arrive in the next mailing. But whether we receive it directly or not depends on the method of payment we choose.
With this we will be able to know the day the Social Security Administration will send us the money. However, we will not know when we will be able to receive the check. To find out, you need to activate a particular collection method.
How can I receive my Social Security check immediately?
Now that you know if you can receive your next Social Security payment you just need to know the best payment method to receive the money. This payment method is Direct Deposit, as it will greatly expedite the benefits process. Best of all, it also works for other federal payments such as IRS Tax Refund.
By simply activating Direct Deposit we will immediately and automatically receive any of the payments from the Social Security Administration. This makes household financial management even easier.
If we do not activate this collection method, we will not know when we will receive the benefit money. This could be on the same day of collection or on any of the following days. Sometimes it can be delayed up to a week, although this is not usual.