Receiving the new Social Security payment on the 18th of September is possible throughout the United States, but we may have to wait a little while. Everything will depend on the collection method we have chosen, but also on the bank as such.
Whatever it is, what is certain is that in addition to the method of collection we must also take into account what are the requirements to be able to receive the check of this 18th of September. And the fact is that even if we have the fastest collection method activated, if we are not eligible to receive the Social Security payment there is no point in checking the balance of the current account.
There are two main ways to get your Social Security payment and one of them is faster than the other. So check both the requirements for the September 18th payment and the available collection methods to get your money as soon as possible without waiting at the bank or anything like that.
Methods to receive the September 18th Social Security
As soon as you start receiving your monthly Social Security check, you must choose the method of payment. The alternatives are the same for all beneficiaries and in the end the money always ends up in our bank’s checking account.
The two methods to receive Social Security are:
- Direct Deposit. This method is immediate, so we do not have to wait even one day to have the money available in the current account. The biggest problem that we can find in this case is that if all the citizens have this method and go to the bank on the day of the collection we can find that we have to wait in line to withdraw our money.
- Bank account deposit. By this method the Social Security money also arrives to the bank account, but it takes a few days to appear. The exact time depends on our bank, so we must choose the collection method carefully so that we do not receive the money too late.
Remember that the collection method decides whether we get the money earlier or later, but it does not decide whether we will receive the payment on a specific day of the month. The September 18th check has requirements.
Requirements for the September 18th Social Security payment
Group 3 retirees are eligible to receive the September 18th check. To be part of this Social Security group we will need to meet these two requirements:
- Have a benefit since after May 1997.
- Have a birthday between the 11th and 20th of any month.
The Disability or Age Retirement payment will also arrive on this day if we meet the requirements. Similarly, the method of collection is also important in order to determine the day on which we get the money, but not the day on which the Administration sends it.