Although the Social Security Administration has already sent checks to these retirees, it is possible to get payment in the next few days. The United States retirement payment schedule depends on several factors. And while we can mark the day on which the Administration sends checks, we will not always have the money available on the same days.
The key to being able to mark the exact day on the calendar is the collection method. With a particular collection method, we will be able to get the money at the same time the Social Security Administration sends it. Otherwise, we will have to wait a little while to get this money each month.
To tell the truth, it is an advantage to know the exact day when we have the Social Security money available. But if we have our household finances organized, we should have no problem living each month on our retirement money. And all this regardless of whether or not we know the exact day of the collection.
Which retirees born between the 1st and 10th can get Social Security?
The Social Security Administration sent out the payment for this group of retirees on February 14th. In addition to having a birthday between the 1st and 10th of the month, it is also necessary to have applied for retirement after May 1997.
If we are in this group, on February 14th we could have the payment with Direct Deposit. But if this is not our case, the money may arrive a few days later. It is true that the money usually arrives in our bank account within three days at the most.
However, sometimes there may be delays in sending the money. So we may have to wait a few more days. Therefore, it is possible that the Social Security money will arrive in our current account today if we have not activated Direct Deposit as a collection method.
In the case that we are not part of this group of beneficiaries, the payment could arrive in the next few weeks. The other two payment days for post-1997 retirees will be February 21st and 28th. The Social Security Administration will send the checks on those days, but whether or not you get them immediately will depend on whether you have Direct Deposit activated.