When the timing of Social Security payments is a bit irregular, we find that many people in the United States get their retirement checks a bit later. There are also beneficiaries who may get checks earlier.
Even so, beneficiaries who get checks later are in luck today, as they can collect the new benefit on the same day today if they have the faster collection method activated. However, not all Americans will get Social Security on today’s date.
Only a specific group of beneficiaries can enjoy this benefit. In order to get the check, two conditions must be met. If we fulfill these conditions the payment will reach our pocket and, therefore, we will be able to use the money on today’s date.
If the conditions are met and the fastest payment method is not activated, nothing will happen, as the payment will still arrive a few days later. The greatest security that Social Security offers us is that we will be able to get paid every month without any problems. Do you meet the requirements to get a check today?
WHICH AMERICANS COLLECT SOCIAL SECURITY TODAY?
Americans who are eligible for Social Security today must meet two requirements. These are essential and there is no way to be eligible for today without meeting both of them. So we must have a birthday on a particular days and, in addition, have applied for the Social Security benefit after a particular year.
To be more exact, the particular year we are talking about is 1997. If our check started reaching our pocket after that year we have already fulfilled half of the requirements. The other half of the requirements is to have a birthday between the 11th and 20th of the month. This will cause us to be in this group and, therefore, the Administration will send us the benefit on the 20th of December.
Also, in order to get the payment today, it is mandatory to activate Direct Deposit. This method of payment is immediate, so we will not have to wait even one day to have the money available. If we do not activate this method of payment we will simply have to wait a few days and the Social Security will appear in our bank account.
OTHER SSA PAYMENTS BEFORE THE END OF DECEMBER 2023
Before the end of December 2023 we may encounter two other payments from Social Security. But if our retirement check arrives on the 20th day we may not have access to those two payments. At most we could get one of them, but not the other, since it is a payment for the beneficiaries of the last group of retirees.
The following payments are:
- December 27th. Social Security payment for post-1997 beneficiaries with birthdays between the 21st and 31st of the month.
- December 29th. January 2024 Supplemental Security Income advance payment. This payment will carry the 3.2% COLA increase.
And after that payment we will have to wait until January to get a new check, so the 2023 Social Security schedule will be complete on that date.