The new round of Social Security Administration payments is fast approaching. This means that thousands of United States citizens will soon be collecting their checks.
In order to receive one of these benefits, there are only a couple of requirements that must be met. If we pass these two filters, the new Social Security check will be in our pocket.
If we do not pass these two filters, our check could arrive in the following weeks. The payments from the Administration will arrive on the second, third and fourth Wednesday of the month, as is customary in these cases.
Beneficiaries who meet these two requirements can receive the check. The two requirements are: to be retired after 1997 and to have a birthday between the 1st and 10th of the month.
This will be the first of the payments for retirees with Social Security after 1997. The rest of the groups will be paid in the following weeks.
Thus, the Administration will send this payment on the 12th day of July. The other payments will arrive on the 18th and 26th of the month. So each of these other payments will go to a different group of retirees.
The payment of up to $4,555 for age-based retirees can arrive instantly. To receive it on the same day it is sent by the Administration, we must activate Direct Deposit.
In the case of not activating this payment method, the Social Security money may take up to 3 days to arrive. In the end it will always arrive, but if we can receive it as soon as possible it will always be better.
After this benefit, retirees will have to wait until the following month to get either the Supplemental Security Income or the new August check. We can always check the calendar to be sure of the next payment day.