The Social Security Administration announces in each and every city in the United States the benefit collection day well in advance. This ensures that all Americans can know on what day they will collect their Social Security benefit. The organization in these cases is really simple, as they can see on what day they will cash their retirement check.
However, there is one element that we must always keep in mind. The Social Security Administration does send out the next checks in the following week to beneficiaries born between days 1 and 10, but there are exceptions. If you are within this exception you will not collect your next Social Security check, but your benefit will be on a different day.
This next one of the Social Security retirement checks will be on the 10th day of May and will go to these retirees born between the 1st and 10th. It is not mandatory to be born in May to receive the May Day benefit. We can be born in any other month and we will still receive the benefit. The problem is not for these beneficiaries, but for another group of retirees in particular.
Who will not get the next Social Security?
The group of retirees who will receive the next Social Security payment is the group born between the 1st and 10th. It is mandatory to have applied for retirement after 1997. Why is this? Many retirees will wonder why they won’t get the next check if they meet the other requirement.
Well, pre-1997 retirees always receive their benefit on the 3rd day of each month. Therefore, we can say that there are two large groups of retirees and the second group is divided into three subgroups in turn. The pre-1997 retirees are part of the first group and always receive their benefit in the first week of the month. The rest of the retirees will cash checks depending on their date of birth.
The fastest method of collecting Social Security benefits
When it comes to choosing the collection method for receiving your monthly Social Security check, there are two options. We can choose whichever option we like best, as both are fully effective. However, one of these ways of collecting is much faster than the other. Therefore, it is always better to choose this option.
The fastest way to collect any Social Security payment is through Direct Deposit. Thanks to this method, any beneficiary who receives a Social Security check can have it immediately. No more waiting a day, hours or minutes.
The other way to receive payments from the government is through a bank deposit. This method is much slower, as it can take up to 3 days for the money to reach the beneficiary.