United States retirees who are waiting for their new March check won’t have to wait much longer. The Social Security Administration will be sending out new benefits in just a few days.
Just by meeting a couple of requirements we will be able to get a payment from one of these checks. So if we are among the group of retirees who will get the payment we will be able to enjoy the benefit with the extra $160 COLA in March 2024.
In the event that we do not meet these requirements, the payment could arrive in April. If this is the case, it would mean that we are in the group of retirees who have collected their benefit on one of the first two payment days of March.
After all, the Social Security Administration pays retirees on different days of the month. In total, the Administration pays four different checks. If we qualify for a group, we will always collect payment on that particular day. Do you know which group of retirees you belong to?
When are the next payments for Social Security retirees due?
In the month of March there are two remaining days of Social Security payment for retirees. These two days will be the 20th and 27th of this month. However, it is not possible to collect one of these benefits if we have already collected one of the previous checks.
We can only get one Social Security payment per month. It is important to be clear about this, as some Americans think they can get more than one retirement payment per month. This only happens in very exceptional cases.
In addition, it is also true that we could collect one payment for being a retiree and another for Supplemental Security Income, but they are totally different payments. In any case, in the next few days we can collect the check only if we meet the requirements.
To get the check on March 20th, you must have your birthday between the 11th and 20th of the month. Likewise, it is also mandatory to have the benefit since 1997. The payment on March 27th has this last requirement as well, in addition to reaching the age between the 21st and 31st of any month.
Remember that in order for retirees to get the payment on the same day, they must activate Direct Deposit. Otherwise, Social Security will send the check, but they won’t get it until a few days later.