In the coming weeks, the Social Security Administration will be mailing new checks to retirees in the United States. These checks will reach only specific groups of Americans, since payment on each of the mailing days depends on certain characteristics.
Taking this into account, knowing the exact payment schedule for each Social Security beneficiary is very important. Knowing the Social Security payment system well, we will have absolute control over our monthly benefit. This is the only way we will have a controlled monthly budget, which will help us to have a better quality of life.
However, it is also true that each Social Security beneficiary may get the payment earlier or later depending on his or her collection method. If we choose the fastest collection method, the money will appear the instant the Administration sends it. Otherwise, we will have to wait a few days.
Who can get Social Security in a week?
Only beneficiaries who meet two mandatory requirements will have access to next week’s payment. The check will leave the offices of the Social Security Administration on May 8th. This will be the second retiree payment of the month and, therefore, is the Group 2 beneficiary benefit.
The requirements are very simple. On the one hand, it is necessary to have the benefit since after May 1997. And this is not because the payment is in May, but because the requirement to get the payments on the second, third and fourth Wednesday of each month is this. It does not matter whether the payment is in May, August or December. But it does matter if the benefit is after May 1997.
Finally, it is also obligatory to have a birthday between the 1st and 10th of the month. Only by fulfilling both requirements will we have access to this benefit. Otherwise, our collection day must be on a different day, so we would have to look at the complete calendar of payments. Also, the collection method is key to get the check on the same day it is sent. Remember that only if we activate Direct Deposit we will be able to have the payment on the same day of shipment without having to wait even one day to have it available.