Social Security benefits have a fixed schedule so that United States citizens can have control over these payments. In this way, all 67 year old seniors can know when they will receive their Social Security benefit. All they need to know is the date of their birthday. By keeping in mind what day the birthday is, retirees can organize their family finances because they have greater control over this income. Even so, it is advisable not to rely on Social Security as the only source of income. Despite this recommendation by experts, a large majority of seniors have only the benefit as their income. Therefore, these retirees depend only on this amount of money.
We are currently at the date of the last payment for the month of October. The Social Security Administration will send tomorrow, October 26th, the fourth Wednesday of the month, the benefit to a group of pensioners. This group of pensioners is pensioners with birthdays between the 21st and 31st. But it is not only for pensioners of retirement age, but also for people with disabilities. Moreover, it doesn’t matter the age of retirement, as the only thing that matters is the birthday. If your birthday falls between the two days mentioned above, the Social Security benefit will be available to you tomorrow.
Therefore, with this payment, October’s Social Security retirement and disability pensions come to an end. This means that if you have not received your payment yet and your birthday is between the 1st and 10th or between the 11th and 20th there may be a problem with your bank account. In this case, contact your bank to ask if they have held your payment. Sometimes a payment is withheld because there is a problem with the pensioner’s information. To resolve this, just update your data on a regular basis and check through My Social Security and your own bank account to make sure everything is up to date.
How to use Direct Deposit to collect Social Security?
There is a way to collect Social Security benefits automatically and easily. Using Direct Deposit you can have immediate access to all your SSA benefits as soon as the government sends them. This method is completely free and does not require a bank account. Just go to the Direct Deposit web portal and fill out the form to get it.
With this method you will have a card that you can use for payment, just like a debit card. You will also be able to withdraw money from some ATM Machines around the United States. It is a very interesting method that is worthwhile for its speed and convenience.