In the month of October, the Social Security Administration will send new checks to United Statescitizens who have their benefit previously accepted. This will make millions of Americans eligible for a payment of up to $4,555.
The good news is that since it is a new month, all citizens will get a new check. All we have to do is check the exact day and wait until then to be able to collect Social Security. If we already have the benefit accepted we don’t have to do anything else.
Thanks to this payment calendar system, retirees can know exactly on which day they will get a check. This makes it much easier to organize household finances, so retirees can have a better standard of living.
Even so, another fundamental element is to activate the appropriate collection method. If we do not activate the fastest collection method, we will be able to know the day on which the Social Security Administration will send the check, but we will not be able to know the exact day on which we will get it.
OCTOBER SOCIAL SECURITY CALENDAR
In the month of October, the Social Security Administration will send checks on up to 4 different days. On each of these days, a different group of retirees will be able to collect their benefit.
To qualify for a Social Security check, individuals only need to meet the designated eligibility criteria.
Here’s the October payment schedule:
October 3: Payments to beneficiaries on age or disability retirement before 1997.
October 11: Payments for post-1997 retirees born between the 1st and 10th of the month.
October 18: Payments for post-1997 retirees born between the 11th and 20th of the month.
October 25: Payments for post-1997 beneficiaries born between the 21st and 31st.
For those with Direct Deposit enabled, funds will automatically be credited to their bank accounts. Otherwise, checks will be mailed, taking a few days to reach recipients.
Additionally, the Social Security Administration will issue a Supplemental Security Income payment in October, but due to a calendar irregularity, this will be dispatched earlier on September 29th.