For many United States citizens, receiving their Social Security Administration checks on time each month is very good news. In this regard, receiving these payments too late can be a problem for some citizens. This is because many Americans have Social Security as their only source of income.
And it is for that reason that choosing the right collection method is more than critical. If we don’t take this element into account, our Social Security check could arrive too late at times. Especially in months when there is some kind of irregularity, as is the case in the current month of June. Because of the start of the month on Thursday citizens receive their retirement checks later.
Nevertheless, this may not be alarming for everyone. But it is true that it may be bad news for some. Having these checks on time means being able to use them on what we need most, whether it’s paying bills, buying groceries or any other monthly expense. So in order to get your Social Security check on an accurate day, we need to be mindful of our chosen collection method.
How do you avoid having your Social Security check arrive too late?
In order to avoid these types of delays, what we must do is choose the right collection method. In order to receive Social Security payments, it is mandatory to choose one of the following two collection methods:
- Deposit to a bank account.
- Direct Deposit.
Although in the past citizens with a benefit could receive their Social Security through a physical check, this option is no longer available. In order to receive payment as soon as possible, it is necessary to activate Direct Deposit. This method of payment is the fastest of all, which means that we will receive the payment as soon as possible.
If you do not choose this payment method, you may experience delays in payments. Especially this month, we find that the first of the checks for post-1997 retirees does not arrive until the third week. This is because the payment will be sent on the second Wednesday of the month and this will occur in the third week.
So now you know that to get the money on time the best method of collection is Direct Deposit. The other way to receive the money is still good and effective, but slower. When the Social Security Administration sends the check to the retiree the payment can take up to 3 days using this other collection method.