Within the United States, any Social Security user can know exactly when he or she will receive his or her benefit. This situation also occurs when a person is collecting retirement benefits outside of the United States. The difference between these two situations is that receiving money from Social Security while living abroad may take longer. But this is not because it takes longer for the SSA to send the money, but because the bank withholds the payment in some way.
In any case, it is customary to live your retirement within the country of the United States, so the usual rule according to the payment is the one that is used. For exceptional cases of collecting retirement payments abroad, it is always a good idea to check all the information with your bank. It is also good to update all your information in My Social Security.
But the most important thing in this whole situation is to have an accepted Social Security benefit. If you live abroad or if you live in the USA, you can collect your monthly amount without problems in most cases. Regardless of whether you live overseas or not, there is a new SSA payment tomorrow, but only for one group of beneficiaries. Are you in that group?
New Social Security payment is on the way
This payment from the Social Security Administration is on its way for only one group of people. You must meet two requirements in order to collect the next payment from the Social Security Administration:
- Have an accepted benefit. It does not matter if the benefit is retirement or disability. The important thing is that the SSA has accepted your benefit and you can start receiving the money.
- Date of birth. You will only receive next week’s payment if you were born between the 1st and 10th of the month. Each Wednesday there is a payment for a different group. On this occasion, the birthdays on these dates are the ones chosen to receive the money.
Therefore, if you meet these two requirements, the Social Security Administration will send the pension money to your bank account on the 12th of October.
Receiving your pension immediately
Many Social Security users do not know that they can receive their pension immediately. To do so, all you need to do is activate Direct Deposit. With this method, the money will be available to you the same day it is sent by the SSA.
You don’t need a bank account to have Direct Deposit, so it’s all advantages. Check with your local office if you want to know more about this useful and fast method of getting your pension on the same day of payment.