Although officially there is no such thing as a stimulus check, many United States citizens now call the various government payments by this name. And among these payments we also find the Social Security checks. It is true that these checks do not have this name, since they are retirement pensions or Disability, but sometimes we can see that some Americans call with this name to these payments.
Therefore, if we talk about a stimulus check in January, we have to talk about Social Security payments. Apart from this type of payments, which come with a raise included, there are no other recent payments that can reach Americans. At the moment, the section of the extra payments does not reach the American citizens.
In order to get one of the payments we have to fulfill several requirements. In total up to four of these different stimulus checks may arrive in January. But each American will only be able to get one of these payments. So pay attention to the conditions and see if you can get these Social Security payments with a little extra money thrown in.
When will these stimulus checks arrive?
The Social Security Administration will send these stimulus checks to beneficiaries who have an accepted benefit. That’s the first of the requirements, but we actually have to take into account the year in which we applied for the check as well. Depending on this date we may be able to collect the payment earlier or later in the month.
The first of the Social Security checks in January was last January 3rd. But some Americans may not have gotten it yet, so it may still reach people’s pockets. So if your benefit is pre-1997 this is your January 2024 collection day. If you haven’t gotten it you will have it available soon.
On the other hand there are three more checks. The first requirement for these three stimulus checks is to have the retirement benefit since after 1997. Being within this group we can get the retirement payment with a maximum check of $4,873 thanks to the COLA on January 10, 17 or 24, 2024. Now you can mark on the calendar the days when the Administration will send these checks with the increased retirement.
Will we get extra payments from the IRS in 2024?
One of the big questions Americans are asking is whether the IRS will send out extra stimulus checks in 2024. And it is still too early to tell if we will get one of these checks in the future, although it is true that the Tax Refund will certainly come to Americans who meet the mandatory conditions.
Each state can manage these payments independently, so some states will send this extra money first and other states will send it later. Therefore, there is no problem in thinking that we will eventually have some extra check available.
However, it is not a good idea to make plans with this money, since it is still too early to determine not only the amount, but also whether we will actually have the money available during the year. For the time being, we can only wait patiently for the official announcements of the stimulus checks, whether they are new Social Security payments or extra payments from the IRS.