Social Security Update: Retirees in this group will get the new check as soon as next week begins

The first of the group of retirees to receive the new Social Security benefit will be able to enjoy the money at the beginning of next week

Seniors are getting a new Social Security check in the next week - Licensed AdobeStock

In order to keep under control all the payments of the Social Security of the United States we only need to know a few data. From that little information we will be able to determine on which day of the month the Social Security Administration will send us each of the checks. This makes it much easier for retirees who have a retirement check as their only source of income.

Although this is not recommended, the practice is widespread, so the Social Security check is a fundamental element in the life of these retirees. If we want to know when the Administration will send the next of the checks and if it will reach our pocket, all we have to do is check the calendar.

By taking a look at the payment calendar we will be able to find out on which day we will have the money available. Even so, it is true that sometimes the information provided within this calendar can be a bit confusing. But there is nothing to worry about because with a little explanation, anyone can find out the day they will receive their benefit in July. Will you receive your next Social Security check next week?

Requirements to receive Social Security next week

Next week’s payments will be only for a group of retirees. These citizens will receive a Social Security check exclusively if they applied for the benefit before 1997. Besides that, there is no other requirement to be able to collect this day’s check.

Americans will receive a new check
Americans will receive a new check – Licensed AdobeStock

To be exact, the Administration will send the check on the 3rd day of July. But receiving it or not on the same day will depend on the collection method we have activated. If we receive the retirement payments through bank account deposit, the money can take up to 3 days to arrive. Although there are times when it may take a little longer.

If we are looking to receive the money as soon as possible, the option we should choose is to activate Direct Deposit. Thanks to this collection method, any check sent by the Social Security Administration will automatically appear in our pocket.

However, these are not the only checks the Administration will send out in July. Post-1997 retirees will cash their checks on different days of the month.

July 12th

Retirees born between the 1st and 10th of the month will be able to collect their Social Security benefit on this day in July. No other requirements need to be met other than this and the post-1997 benefit.

July 19th

This group includes retirees with birthdays between the 11th and 20th of the month. Retirees born between these days will receive their retirement benefit on the 19th of July.

July 26th

Last day of Social Security in July. Only retirees who received their benefit after 1997 and have a birthday between the 21st and 31st can collect in this month.

It is important to keep in mind that you do not have to be born in the month of the payment to receive the payment. That is, retirees born in July can collect Social Security checks for July, September and any other month.

And remember to activate Direct Deposit so you can forget about late payments and get your benefit money as soon as possible.

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