Although the schedule for Social Security payments is usually set, there are times when Social Security recipients in the United States are not sure when they will get their money. However, there is nothing to worry about.
After all, every month we will be able to receive one of these payments without any problem. The important thing to be able to get each monthly check is to have the benefit accepted. This is the first and most important requirement, because if we do not have the benefit accepted, there is no way that the Social Security check will arrive each month to our checking account.
It is true that some United States Social Security beneficiaries do not take into account the retirement check payment schedule. But it is also true that some do want and need to know what time of the month they get their money. And some will be able to get a payment before July 2024 arrives.
Which retirees get the last Social Security payment of June?
Only a specific group of United States citizens can get the June 26th payment. This will be the last of the payments for the entire month and after that we will have to wait until July before we can get a new monthly check.
Thus, retirees in groups 1, 2 and 3 are not eligible for the next day’s payment. Those groups will have to wait until July to enjoy a new retirement benefit. Remember that each group has specific characteristics.
To see it more clearly, let’s look at the requirements to be part of these three groups:
- Group 1. Beneficiaries prior to May 1997.
- Group 2. Social Security retirees with a check after May 1997 and birthday between the 1st and 10th of the month.
- Group 3. Retirees with a check from after May 1997 and birthday between the 11th and 20th of the month are part of this group.
Thus, only retirees in group 4 will have access to the June 26th check. To be part of this group of Social Security retirees, it is necessary to meet two requirements. The first is to have the benefit since after May 1997, as in the case of groups 2 and 3. The second requirement is to have a birthday between the 21st and 31st of any month.
Who Can Apply for Social Security Benefits?
Determining who is eligible to apply for Social Security benefits can sometimes be a confusing process. Generally, Social Security benefits are available to individuals who have earned enough Social Security credits through their work history. These credits are accumulated by paying into the Social Security system via payroll taxes.
Firstly, retirement benefits are available to those who have reached the full retirement age, which varies depending on the year of birth. People can start receiving reduced benefits as early as age 62. Secondly, individuals who become disabled before reaching retirement age may qualify for Social Security Disability Insurance (SSDI) if they meet the required work credit criteria and medical conditions.
In addition to workers, spousal benefits are also accessible. A spouse of a retired or disabled worker may receive benefits if they are at least 62 years old, or at any age if they are caring for a child under 16 or a disabled child. Moreover, survivor benefits can be claimed by the family members of deceased workers. This includes widows or widowers, minor children, and sometimes parents.
Finally, the Supplemental Security Income (SSI) program provides benefits based on financial need, which can be claimed by individuals with limited income and resources, regardless of their work history.