In the United States, thanks to the Social Security payment schedule, we can know exactly on what day we will receive our pensioner’s pension. This information is really important for many retirees. And the fact is that some citizens only collect their pensioner’s check as their only source of income.
Therefore, knowing on what day the Social Security Administration will send out each check is critical for some. The best thing is that we can know this information just by checking the calendar.
The organization always sends out payments on the 3rd day of the month or on the second, third and fourth Wednesday. So you are sure to receive your pensioner’s pension on one of those days. The next of the Social Security payments is the last one in July and it will be on the 26th day.
But not all retirees can cash this new check. Only beneficiaries who meet two requirements can receive the payment. The requirements for the new Social Security payment are:
- Have a post-1997 benefit.
- Have a birthday between the 21st and 31st.
Any retiree who does not fall within these groups will not collect the benefit on the next July 26th. Still, you can check the calendar to see on which day you will get your pensioner’s check.
In short, knowing the day on which we will collect Social Security is very easy. Therefore, we can organize our economy at home much better and without setbacks.
Remember that the amount of $1,827 per month is the average Social Security amount in 2023. This does not mean that all retirees will collect the same check. Some will collect more and some will collect less, depending on one’s work history.