The payment of Social Security checks follows a set schedule for all seniors in the United States. Thus, knowing the day on which a retiree collects the new Social Security payment is easy, as we only need to check the calendar. Even so, there are several different payment days and each of these days has specific requirements. That happens to Disability benefits as well.
This means that not all retirees get paid on the same day. This might seem like a problem for Social Security beneficiaries, but the opposite is true. Knowing your payday is important, no matter what day of the month it is. If we know when we will receive the payment, we will be able to organize our finances effectively.
Since the Social Security schedule is the same every month, thinking ahead is quite easy. In this way, retirees receive their checks on calendar days that they themselves can know in advance. In this case, the next payment day is May 10, which is next Wednesday.
This payment is not for all retirees who receive a Social Security check. This benefit is only for a group of these beneficiaries, so pay attention to find out if you are in the group of these pensioners. Will you receive the new check from the Social Security Administration?
Which group of retirees will collect the next Social Security?
The difference in determining who gets the next of the Social Security checks lies in the pensioners’ day of birth. Although we must also remember that the year in which we apply for retirement also influences this. In this case, the retiree must be a pensioner since after 1997. All Social Security beneficiaries prior to that year receive the benefit a little earlier.
So in order to receive the next Social Security payment the first requirement is to have applied for retirement after 1997. The second requirement is to have a birthday between the 1st and 10th of the month. Beneficiaries born between these two days are entitled to their benefit on the 10th day of May, that is, the second Wednesday of the month.
Other payment´s Social Security
All other retirees will be able to receive their Social Security checks in the coming weeks. Thus, the third Wednesday of April is for retirees born between the 11th and 20th of the month.
The fourth Wednesday of the month is for pensioners with birthdays between the 21st and 31st of the month. And it does not matter if the pensioner was born in the month of collection. Pensioners will collect every month’s check regardless of the month in which they were born.
In addition to this, it should also be noted that the reason for retirement does not affect the day of payment. Therefore, retirees of 62 years of age as well as retirees of 70 or disability will receive their check equally.