Your Social Security Check Could Arrive in Days if You Are 65 Years Old.Retirees who have reached the age of 65 may soon receive some good news. The United States Social Security Administration is preparing to distribute a new check to retirees belonging to various groups. Citizens who are 65 years old and have an approved Social Security claim could be eligible for this payment.
Your Social Security Check Could Arrive in Days if You Are 65 Years Old
By checking the list of requirements, we can determine if we qualify for the new Social Security check. However, even if we don’t meet the criteria, there’s no need to worry because the Administration will send the check to all eligible beneficiaries. The one certainty about disability or age retirement benefits is that the Administration will issue a monthly payment.
The exact day of receiving the payment depends on several factors, including the specific group we belong to. Additionally, the chosen payment method can also impact the availability of the funds. It is crucial to consult the calendar and mark the day when the Social Security Administration will send us the monthly payment.
Which retiree group will receive the upcoming Social Security check?
The next Social Security check will be disbursed to a specific group of retirees. This check is the second payment scheduled for July and is intended for the second group of retirees who typically receive their payments during this month.
The amount of the check is determined based on the individual’s seniority. This group of retirees consists of beneficiaries who began receiving benefits after 1997 and have birthdays between the 1st and 10th of the month. Meeting these two requirements is essential to receive the next check.
The check can be cashed on July 12, 2023, which falls on the Wednesday of the following week. If Direct Deposit is activated as the chosen method, the transfer will be instant. However, for other cashing methods, it may take up to three days for the funds to become available.
Following this payment, there will be two more payments in July. The Social Security Administration will send out new checks on July 19th and 26th. These payments will be disbursed to retirees belonging to different groups. The first payment on July 19th is for retirees with birthdays between the 11th and 20th, while the second payment is for beneficiaries born between the 21st and 31st.