Thanks to the publication of the Social Security benefits payment schedule, it is easy to control finances. Any Social Security beneficiary can know exactly when the Administration will send the money to his or her bank account. This is the best way for all pensioners to organize themselves efficiently. The amount that retirees receive in these benefits depends on many factors. On the other hand, the schedule scheme always remains the same.
The only thing you need to do in order to know the date of the Social Security payment is to know the date of birth. On the other hand, in order to maximize that monthly check, there are several things retirees can do. But it should be noted that retirees can only do this before they apply for retirement. A worker who stops collecting his or her salary and starts collecting Social Security can no longer increase the check.
To reach the maximum of $4,194 per month it is necessary to meet 3 fundamental requirements. Although it is true that not all retirees can reach that figure. Even so, the three steps to follow are to have a high salary, delay the retirement age and work as many years as possible. If you maximize all three of these details you may not make it to $4,194, but you may have a nice pension benefit.
As far as the next payment for November is concerned, the Social Security Administration will send it out on the 23rd, the fourth Wednesday of the month. This is the last pension payment in the second to last month of the year. The payment is only for retirees born between the 21st and 31st of the month. That is, this is the group composed of retirees with birthdays between the last 10 days of the month.
What can I do if I do not receive my Social Security?
The Social Security Administration sends both disability and age pension payments on the same days. The important factor in these cases is the day of the birthday, as discussed above. Therefore, since the payment on November 23rd is the last payment of the month, this means that all retirees should have their check money by now.
If you have not yet received your pension but your birthday is before the 21st of the month, your bank may be holding the money. Don’t forget to always update your information in case of divorce, change of address or even marriage. Call your bank and if they can’t fix your problem, then go to Social Security to try to fix it.