One of the great advantages of cashing a Social Security check in the United States is that we can know in advance what day we will get paid. At least we will be able to know on which day the Administration will send each of the checks.
Whether or not we get the payment on the same day it is mailed depends on whether or not we have activated the fastest collection method. For that reason, having the collection method active will help us to organize ourselves in the best possible way as far as the household economy is concerned.
Regardless of the collection method we have chosen to get our Social Security payments, the Administration will send it on one of the October paydays. In total, there will be 4 payment days this month and in order to get the money on one day or the other we must meet certain requirements.
The best of all is that just by fulfilling these requirements we will be able to know on which day the Administration will pay our check. It is a very simple and useful method that makes life much easier for retirees.
SOCIAL SECURITY PAYMENT SCHEDULE IN OCTOBER 2023
Within the Social Security beneficiary groups, the Administration has two distinct divisions. On the one hand there is the large division, which has all beneficiaries divided into two groups. From one of these two groups, three other groups are divided.
This ensures that the payments are staggered so that there are no delays or crowds. Let us look at the groups and when they receive the benefit in October.
PRE-1997 RETIREES
The first of the large groups is that of pre-1997 retirees. This group always gets the first of the month’s Social Security checks. There are no groups within this group, so the only requirement is to have retirement check accepted prior to that year.
In the month of October, pre-1997 retirees will get their payment on the 3rd day of October. At least the Administration will send the payment on that day. Whether or not you get it on that exact day will depend on the collection method chosen. If we have Direct Depost, the payment will arrive on that day. If not, it will take a few days to arrive.
POST-1997 SOCIAL SECURITY BENEFICIARIES
If a retiree has their check from after 1997 they will be able to collect on one of three different days. This group is divided into three different groups and to get the money in one of them we must meet certain requirements.
These are the groups and the days on which they will be paid in October 2023:
- Retirees with birthdays between the 1st and 10th: October 11th.
- Social Security beneficiaries with birthdays between the 11th and 20th: October 18th.
- Retirees with birthdays between the 21st and 31st: October 25th.
It is important to remember that it does not matter the month of the birthday to be in one of these groups. The only important thing is the days of birth, as well as the year of retirement.