In about 3 days, you can start receiving a new Social Security checks payment, although being retired may seem like the golden age in which you can go after all your dreams, sometimes it is not so easy and you would just have to work magic between your savings account and the money that the Social Security Administration will pay you.
Unless you continue to work or have other means of generating income, a Social Security check is possibly going to be your main source, this emphasizes the importance of knowing when payments are going to be distributed, if you currently receive Social Security benefits, know more about the upcoming payment dates and extra information about financial and insurance programs.
Who Will Receive the Social Security Checks in the Next Payment Day?
The SSA manages a calendar for each year in order to plan when Americans will receive a Social Security payment, however, it can be confusing for certain people, since they may think that their payments for each month will arrive on an incorrect date, this is a consequence of one of the main differences in how the SSA structures its payments.
The SSA separates the way it administers its programs into two blocks, people who started receiving benefits from them before the month of May 1997 and those who started after that date.
The people of the first group, before the month of May 1997, should have already received their benefits corresponding to the month of July, if you are part of this group and have not received them, then it is recommended to contact your local SSA office, or better yet, show up at the office, because the days that it is recommended to wait is a margin of three working days after the one provided in the calendar, and they have already been fulfilled.
More Payments Scheduled for July 2024
The other beneficiaries also have other conditions to pay attention to, the SSA divides this group into three subgroups, according to the date of birth:
- From the 1st to the 10th of any month: Payment is made on the second Wednesday of each month.
- From the 11th to the 20th of any month: Payment is made on the third Wednesday of the month.
- From the 21st to the 31st of any month: Payment is made on the fourth Wednesday of the month.
This week, those who were born between the 1st and the 10th will start receiving their Social Security check on Wednesday, July 10th, as mentioned before in the breakdown of payment dates, if you do not have the bank transfer precisely on this date, wait at least three more postal days before contacting the SSA offices or filing a claim so that they verify your specific situation.
It is always an option to verify the amount that the SSA pays you, since there are some cases in which they will overpay you and you will have to raise your hand and let them know of this error, if you do not, the SSA will ask you to reimburse the excess amount by withholding a part of your Social Security benefits.
