Checks of up to $4,555 for United States residents with a Social Security benefit will start arriving very soon. A large group of millions of retirees will receive the next Social Security check in their pocket. This is the first of the 2023 checks related to age or disability retirement. So if you have such a benefit accepted, you may soon have it in your pocket.
Users receiving this new check only have to meet one requirement. This requirement is related to each retiree’s birthday. The Social SecurityAdministration sends the checks to retirees in three different groups. Each mailing is to a different group and each group is differentiated by birthday.
Thus, the next retirees to receive their Social Security checks will be those born between the 1st and 10th of the month. The rest of the retirees will also collect their Social Security retirement benefit, but they will do so in the following weeks of January. Are you on the list of the group of retirees collecting the first check in January 2023?
When does Social Security send the first 2023 check?
Now that we know the group of retirees who will collect the first benefit check in 2023, we just need to know the exact day. The second Wednesday of the month is the date on which retirees born between the 1st and 10th will collect the retirement benefit.
Therefore, the Social Security Administration will make payments to retirees born between the first ten days of the month on the 11th of January. This will mean that the rest of the groups will have to wait to collect in the following weeks. Retirees in the other groups will have to wait a bit.
The dates for the rest of the retirees are as follows.
3rd Wednesday of the month. Retirees born between the 11th and 20th will collect Social Security.
The check in 2023 is $4,555 as the maximum amount. Although to do so, we must maximize all factors affecting Social Security.
Increasing the pension check in 2023
To increase the Social Security check in 2023 we need to increase three important factors. The first of these factors is retirement age. The later we apply for retirement, the larger the final check will be. The minimum age to apply for the age pension is 62, but that doesn’t mean it’s the best decision.
On the other hand, the other two fundamental factors are salary and years as a worker. The more years we work with a good salary, the higher the Social Security retirement benefit will be.