If you are a retiree you meet two requirements you will be able to get the March 20, 2024 payment from the United States Social Security. This new payment for Social Security beneficiaries will come with a maximum amount of $4,873.
Therefore, we could get such a payment, but that does not imply that every retiree will get such a large check. Each and every Social Security beneficiary gets his or her allotted benefit. Each check is different, so we have to take this into account.
But the amount of the benefit does not determine the day on which we will collect our check. We should be clear about that at the outset. Every pensioner is entitled to his check on a different day of the month, but it all depends on two fundamental requirements.
On the one hand, we must take into account the year in which we applied for retirement. On the other hand, we must take into account our birthday. With these two pieces of information we will be able to determine if the March 20th retiree payment is for us.
Requirements for getting the March 20th pensioner’s payment
The payment for the March 20th retiree group has two requirements. If we meet them, the Social Security Administration will send us a check on that day. If we do not meet both requirements, the payment may arrive on a different day of the month, since there are a total of four retirement payment days.
The requirements to get this payment are:
- Have a benefit since after 1997.
- Have a birthday between the 11th and 20th of the month.
Both requirements make a retiree belong to group 3. This group is the one that gets its check on the third Wednesday of each month. And in the month of March there are no irregularities in this regard, so the payment arrives on the 20th without any problem.
Remember that if you do not activate Direct Deposit it is practically impossible to get this payment for retirees on the day it is sent. The Social Security Administration will pay the check on the 20th, but whether or not you get it instantly depends on the collection method you have activated.