In the United States, all retirees can find out exactly on what day they will get their Social Securitybenefiteach month. And in the month of October we already know the complete calendar so we can determine the days of payment. This is a great advantage because it helps the household economy to be more stable.
In this way, families can know perfectly on which day they will cash each of the new checks. This means that a retiree can calculate when they will get the October Social Securityand from there organize the money they currently has, thus also being able to count on the money that will be coming in the near future.
There is no doubt that this method of organization is full of advantages. In addition, each new month the scheme is repeated again, more or less, which makes it very easy to keep checking on which day we will get each of the checks.
For the month of October, the Administration will send out Social Security retirement checks on four different days, as is customary. Each retiree will get one of these checks and no more, so keep that in mind as well. When will you get your benefit check?
FULL SOCIAL SECURITY PAYMENT SCHEDULE FOR OCTOBER
In the month of October the Social Security Administration will send out a total of 4 different payments. Each of these payments will be for a specific group of retirees. Certain requirements must be met if we want to get one of these checks.
These are the exact days on which the Administration will send these payments:
October 3rd. This check is the payment for retirees with a benefit prior to 1997. If we have had a Social Security check since before that year, this day’s payment will be for us.
October 11th. Retirees with a post-1997 benefit and birthday between the 1st and 10th of the month will collect their payment on this day.
October 18th. Post-1997 Social Security beneficiaries with a birthday between the 11th and 20th of the month may collect on this day in October.
October 25th. Last payment of this month for beneficiaries. To get this payment, you must have your birthday between the 21st and 31st of the month and have had your payment accepted after 1997.
In order to get a check on one of these days, it does not matter what type of benefit we have. Therefore, if our Social Security check is for disability or old age retirement, it will not matter, since we will still get it in our pocket.
The important thing to be able to determine the day of the payment is the requirements mentioned above. Likewise, it is also important to activate the fastest collection method in order to get the money as soon as possible. In this regard, the fastest cashout method is Direct Deposit.