The Social Security Administration sends a large number of payments every month to United States citizens. Since there are several different payments, it is good to always have a calendar to help us orient ourselves, otherwise we might forget the dates we will receive the payments. For that reason it is good to always have the calendar close by, as we will be able to know the days on which payments are due. Many American families have Social Security as their only source of income, whether it is retirement or disability benefits or Supplemental Security Income payments.
This time, the next payment is SSI. This Social Security Supplemental Security Income is not for all benefit recipients, but it is for a large majority. In addition, many retirees who are eligible for this financial help are not aware that they can apply for it. For this reason, the best way to verify that we are entitled to one of these benefits is to use the BEST tool. By means of this tool we will know what financial help we can ask for. It is surprising how sometimes there are subsidies that we have but we do not know it.
If you are thinking of starting to collect one of these benefits or you have already collected it, you should know that November 1st is the day the money is sent. The Social Security Administration always sends the SSI payment to people who have this payment accepted on the 1st of the month. This is the case except for days when the 1st of the month is a holiday or weekend. In such cases, the SSA will send the payment on the immediately preceding business day. This happened, for example, in October, which is why we have had fewer payments from SSA this month.
How to receive Social Security payments quickly?
When the Social Security Administration sends any type of benefit to your beneficiaries, it can take up to 3 days to arrive in the bank account. Therefore, this particular payment could arrive around Friday or early next week. To avoid this wait, it is best to activate Direct Deposit. By this method, you will receive immediately the payments on your card.
This method is completely free of charge and ensures that your Social Security payments arrive on time. In addition, you do not need a bank account. With this method, you can pay everything as if it were a debit card. Therefore, using Direct Deposit is the best idea to avoid delays in benefit payments.