Will you get your new United States Social Security Supplemental Security Income payment next October? A large number of United States citizens will not be able to collect this benefit in October, so pay attention to see if you belong to this group.
Americans who are in this group will not be able to get their Supplemental Security Income check in October, but they will still receive it. The only difference is the exact day on which they will receive the payment. While some will get the payment in October, other Americans will get it at a different time.
Also, some Social Security payments may arrive on different days for other groups of beneficiaries. And of all this, the most important thing in the end is the collection method we choose to collect benefits.
Through the method we choose, we will be able to get our Supplemental Security Income check in October or not. The most striking thing is that the citizens who choose the fastest collection method will be those who do not have a check this month.
WHO WILL NOT GET SUPPLEMENTAL SECURITY INCOME NEXT MONTH?
Americans who activate Direct Deposit as a collection method will be able to get a new Supplemental Security Income check within the month of September. However, this will prevent them from receiving this benefit in October.
Receiving checks early can change personal accounts a bit. For this reason, it is advisable to be especially careful with your finances during September and October.
Even so, if we do not have this collection method activated, the Supplemental Security Income will arrive in October, as usual, but a few days later. The check will appear in our bank account around the 4th day.
Also, if we do not activate Direct Deposit as a collection method, we could have late checks for this month’s Social Security benefit as well as the following months.
In short, activating this collection method may be an advantage because we get the money sooner, but that does not mean it is always better every month. In months where there are irregularities in the calendar, the change in payment may cause us to get the money too soon.