Although the schedule for Social Security payments throughout the United States follows a fixed schedule, exceptions also exist. For that reason, we sometimes find that the payment that should arrive on one day will arrive on a different day.
So if you have a Social Security retirement benefit and you are not part of group 1 retiree, it is in your best interest to know when you will get your new check. It is true that the payments for groups 2 and 4 are unchanged, but the payment for group 3 will be sent on a different day than usual.
Thus, knowing the Social Security payments and the schedule for each month is important for all Americans. Best of all, the Administration announces the collection day well in advance. With this information, we will be able to better plan our monthly financial planning.
Changes to the Social Security check in June
There are two main changes this month. On the one hand, there is an irregularity in the timing of Social Security payments. On the other hand, there is a change from the previous year’s amount. The June 2024 checks will be 3.2% larger than the June 2023 checks. So the payment amount will reach figures that it did not reach before.
Be that as it may, with those changes in mind, the remaining Social Security payment days in June will be the 12th, 18th and 26th of the month. The payment on the 18th should be on the 19th, which is the third Wednesday of the month. But that day is a holiday, which means the payment cannot be sent.
Since it is a holiday, the Administration pays it one day earlier. This means that those with Direct Deposit have the possibility of having the money one day before the usual day. The rest of the beneficiaries will get the payment in the following days.
With this in mind, we should know that in order to get one of these three payments we need to have had the check since after May 1997. In addition to this requirement, the day of the birthday is also important. Each payment day corresponds to a different group of Social Security beneficiaries and these groups are established by the day of birth.