In the United States, monthly check payments from the Social Security Administration always follow an official schedule. It is unusual for the Administration to miss this schedule, as Social Security always sends all checks to beneficiaries on time. For that reason, having a good organization in the household finances is very easy when we apply for retirement.
However, it is also important to keep in mind that the income from the Social Security check should not be the only income a retiree receives. Having the pension as the only source of income can leave a pensioner without enough money to live on month after month. While there are tricks to making the most of retirement money, it is not advisable to rely on Social Security alone.
Still, since we know on what day we will receive each check each month, we can successfully plan when we will have our benefit money available. While it is true that the day marked on the calendar is the day Social Security sends the check, receiving it on the same day is possible if we have a particular collection method activated. Will you cash your next retirement check?
All March Social Security Payments
In the month of March there are up to 5 different Social Security payments. The Administration does not send all of these checks to each retiree, as only a group of retirees can receive more than one. It is important to note that one of these payments does not actually belong to March, but is the first of the April payments. This is due to an irregularity in the calendar.
These are the payments for March from the Social Security Administration:
- March 1st: Supplemental Security Income (SSI) payment for the month of March.
- March 8th: Retirees with a pension who were born between the 1st and 10th of the month will collect this cheque.
- March 15th: On this day, Social Security will send retirees born between the 11th and 20th of the month their check.
- March 22nd: Last check for the month of March. Pensioners with birthdays between the 21st and 31st of the month will receive their benefit on this day.
- March 31st: Supplemental Security Income payment which actually belongs to the April calendar month.
A retiree could receive up to 3 different payments in this month of March. If you have an SSI check, you will receive both those two checks, at the beginning and end of the month, and another check on the 8th, 15th or 22nd of the same month. So you can have a good amount of dollars on these days, but remember that this means you will not have an SSI check in April.