United States retirees is a type of benefit that comes through Social Security to all eligible Americans. This payment goes into the pockets of All United States citizens every month. Thanks to this Social Security check, many citizens are able to pay all their monthly bills. Still, some Americans may not receive their benefit if they do not meet a number of requirements.
The Social Security Administration sends out retirement payments on 4 different days of the month. We are talking in this case about the retirement payment as such, since there is another type of check called Supplemental Security Income, but this benefit is different. In the case of retirement due to age or disability, the payment is on 4 days of the month.
Each of these payments reaches retirees of different groups. In this sense, retirees from one group receive a check and retirees from another group receive a check on a different day. Thanks to this organization, the Social Security Administration is able to send payments without delays and without crowding. This is a very convenient way for all retirees to receive their checks on time.
Because of this method of retirement payments, many retirees will not have the next Social Security payment available. This means that we have to be within the group of upcoming retirees to enjoy the benefit on this particular day.
Which group does not receive the new Social Security?
Retirees who will not receive another check from Social Security are all but one group of benefit recipients. Since the administration pays checks to groups on different days, it’s good to know which organization is going to determine if that payment is for us or not. Pensioners in the following list will not cash the check the next day:
- Retirees with a pre-1997 benefit.
- Retirees with a post-1997 benefit with birthdays between the following days:
- 1st and 10th of the month.
- 21st and 31st of the month.
Therefore, if your birthday is between those days or if your benefit is prior to 1997 you will not be able to have the new check. The payment day will be next June 21st, 2023. The check will come only to post-1997 retirees with birthdays between the 11th and 20th of the month.
Tips on how to increase your retirement check
First of all, it’s good to keep in mind that we can only efficiently increase our Social Security check if we haven’t already applied for it. If we are already collecting the benefit, we may find that it is very difficult to increase the monthly amount.
If we have not yet applied for a monthly check, we must increase three key elements. These three elements are those that make up the retirement benefit. The elements are the retirement age, the years worked and the salary as a worker.
In order to reach as close as possible to $4,555, Social Security’s maximum per month in 2023, we must increase these three elements. Ideally, we should apply for retirement at age 70 after working 35 years at a good salary. The closer we get to that point, the better monthly check we will have during retirement.