The United States Social Security retirement payment follows a scheme that divides beneficiaries into four different groups. Knowing this in advance, we can see that it is possible to get a monthly retirement payment, but the day will depend on which group of retirees we belong to.
So, if we belong to group 1 we will always get the payment in the first days of the month, but the rest of the pensioners will have to wait a little longer to enjoy the benefit, since we will have to wait until the second Wednesday of each month at least.
Whatever happens, the truth is that if we have bills to pay we will be able to receive Social Security in March, as we do every month. So we shouldn’t worry about it, because getting our retirement payment every month is possible if we have already received acceptance from the Administration.
Who will receive Social Security on March 12th?
Americans who have received benefits since after May 1997 can get this new check on March 12th. But not only is that requirement mandatory, there is another one that we must take into account. This other requirement is related to the beneficiary’s birthday.
In this sense, it is also mandatory to have a birthday between the 1st and the 10th of any month. The month and year of birth of the beneficiary are not so important, only the day. So if you take that into account, you must meet both requirements to receive the benefit.
There are no other mandatory requirements for the Social Security Administration to send us the payment on March 12th, but whether we get it at that precise moment or a few days later will depend on the collection method we have chosen.
How can I get my Social Security payment as soon as possible?
Social Security retirement checks can arrive on the same day the Administration sends it or a few days later. However, if we take into account that the collection method is the most influential when it comes to obtaining payment as quickly as possible, it is up to us to decide if we want the money on the same day it is sent.
So, to get the check the same instant the Administration sends it, we just have to activate Direct Deposit. This collection method is key for this type of management, since it makes the money arrive immediately without having to wait a single day. If we don’t activate it, we can still collect the payment, but we will have to wait about three days for the bank to make it available.