In the United States, the Social Security Administration’s system operates with exacting timeliness in sending payments to seniors. Therefore, retirees can know well in advance when they will receive their retirement benefits. In addition, people with disabilities who have a benefit may be able to receive their monthly Social Security check payment today. With just one requirement, you could have your retirement money in your bank account today.
Well, in this sense, there are two requirements that must be met in order to be 100% sure of receiving the money today. The first of these requirements is related to the date of birth. The second requirement has to do with the payment method we have chosen. Thus, choosing one way or another to receive the monthly benefit can greatly vary the day on which we will have the amount available from our Social Security.
On the one hand, the date of birth, as we have announced, is a key factor in determining which day we will receive the benefit. The next Social Security payment is today, October 19. People who will receive payment today will be those born between the 11th and 20th of the month. If your birthday falls between those days, you could have your retirement check money available to you today. As for the payment method, the best one for these cases is Direct Deposit. This is because with this method of receiving the money, you won’t need to wait a single day, as the benefit will appear immediately and will be available for use.
Social Security Payments in October
In addition to today’s payment, October 19th, the Social Security Administration also sends out several other payments to retirees and pensioners. Moreover, these payments are for both disability and retirement age retirees. And as for retirement age, it doesn’t matter whether you applied for Social Security with Early Retirement Age, Full Retirement Age or Delayed Retirement Age.
Everyone with an accepted SSA benefit would be able to directly receive payment today. But these are the remaining subsidy payment days in October:
- October 12th. Second Wednesday of the month. Social Security subsidy payment for people born between the 1st and 10th of the month.
- October 19th. Third Wednesday of the month. This is today’s payment day. Persons born between the 11th and 20th of the month will receive the retirement benefit.
- October 26th. Fourth Wednesday of the month. On this day Social Security sends the last payment of the month. This payment goes to people born between the 20th and 31st of the month.
If you have any problems with late Social Security payments, check with your bank to see if they are holding the payment. You can also try contacting your nearest local office.