While it is true that the Social Security Administration sends new checks to United States retirees, it is also true that not everyone may get the new check. The next of the payments may arrive today to the bank accounts of Americans, so we must look carefully at the requirements.
In case we fulfill only one requirement we will be able to get the payment very soon. If we fulfill one more requirement, related to the collection method, the check will appear immediately in the current account. This way we could get a check for up to $4,873 very soon. This check is for group 1 retirees.
Also, it is not the only check that the Social Security Administration sends out on March 1st. And it is that the Administration will send out two different checks on this day, making two different payments available to some Americans, very good news for them.
Eligibility for Social Security today
Those Americans who have accepted a Social Security check may be able to collect it today. The problem comes in that there is a mandatory requirement. Therefore, we must be part of group 1 of retirees to have this check today.
Likewise, if we do not have the fastest collection method activated we will not be able to get the payment today. We will have the money available soon, but not today, as the payment will arrive a few days later.
The only mandatory requirement is to have had the Social Security benefit since before 1997. After that, the other requirement is to activate Direct Deposit to get the payment today. Remember that the rest of the retirees will receive their benefit on different days during the month of March.
How do I get an extra Supplemental Security Income payment today?
In addition to the Social Security check for pre-1997 retirees, the Social Security Administration sends another payment. This other payment is only for Supplemental Security Income recipients.
This check for up to $943 is only for those who have a previously accepted benefit. If our check is in the process of being accepted we will not get it on this day, we will have to wait a little while.
On the other hand, as with Social Security retirement, in order to receive the payment today, it is necessary to have activated Direct Deposit. If not, the money will not arrive today, but will appear in the next few days.