One of the best things about the United States Social Security Administration is being able to know on what day checks arrive for retirees. This is easy to find out thanks to a calendar that the Social Security Administration makes public every year.
This way, retirees know on what day they get their check and can thus make a perfect organization of their finances. There is no better way to control expenses and income than knowing the exact day Social Security will send checks. Also keep in mind that we know the day the SSA sends the checks, but that doesn’t mean we know the day the money is received.
The exact day we receive the money depends largely on the collection method we have chosen. Thus, a retiree who has chosen to receive the money by wire transfer will have to wait a little longer. Which collection method did you choose for your Social Security check? Will you receive your next pension payment?
Who receives the next Social Security payment?
The pension check is always mailed on the second, third and fourth Wednesday of the month. On each of these days, the Administration sends the payment to a different group of retirees. In order to know on which day to cash these checks, retirees need to know only the date of their birthday. This is the only really important piece of information to determine the date of the payment.
So the next group to collect this new Social Security benefit is retirees born between the 1st and 10th of the month. In the event that you were born between these two days, you will be able to receive your check in just two weeks, specifically on the 12th of April. This is the first of all payments made by the SSA for the entire month of April 2023.
Get your pension check faster
In order to get your benefits quickly and without waiting, it is mandatory to activate Direct Deposit. With this collection method, any Social Security check arrives immediately to the beneficiary. We don’t have to wait a minute, so there are no delays or problems.
The other payment method, which is the most commonly used, is bank account transfer. With this payment method we will also have no problem receiving the money from Social Security, but it will take longer to arrive. It can take up to 3 days for the money to show up, so we will not receive it immediately.
How to increase the Social Security check?
Once we have started collecting a Social Security check, we don’t have many options to increase the amount. Therefore, it is much better to plan everything related to the money we will receive well in advance.
This is how we will get a check of up to $4,555, depending on our work history. It is not possible to get such a large check for everyone, but it is within the realm of possibility.
If we want a monthly payment of $4,555, we will have to take into account three factors: retirement age, salary as a worker and time worked. The ideal is to work for 35 years at a high salary and retire at age 67. In this way we will get a high check and 100% of the money contributed.