WPBN: People in the United States who are retired and are sixty-three years old are in for a real treat. It is possible that they will have a fresh Social Security check deposited into their bank accounts within a matter of days. The fulfillment of a single criteria will determine whether or not they are granted such a privilege.
The remainder of the retirees who do not fulfill this condition will not receive their Social Security check this week; however, they will receive it in the weeks that follow.
The days on which retirees receive their salaries can be monitored in this manner, making it feasible to keep track of the days.
Because of this, the organization of the household’s finances is significantly simplified. When an individual who is retired is aware of the days on which they will be paid, they will not want any further information at any point in time in order to be able to organize their financial situation.
This is a significant benefit because it ensures that no older citizen misses out on the chance to get his or her cheque on time.
The next check that the Social Security Administration will issue to retirees who are 65 years old or older and who have disabilities is scheduled to arrive on January 3rd. Senior citizens who are 63 years old and have an accepted retirement plan will be able to get the check on this day, provided that they fulfill only one of the requirements.
There is a connection between this criterion and the retirement year. In the event that the retirement year before May 1997, the day of payment will be the third of January.
Alternatively, if the retiree’s retirement year falls after that date, the payment day will be on a different day than it was originally scheduled.
Each retiree will receive the check in January, regardless of the date of their birthday; however, the date of their birthday will determine whether or not they receive the cheque later or sooner than the month of January.
This Simple Mistake Could Risk Your Social Security Check – Find Out What It Is?
When can I expect to receive my Social Security benefits in January?
On the second, third, and fourth Wednesdays of the month of January, payments are due according to the schedule. As a result of the cost-of-living adjustment (COLA), checks will be raised by 3.8% in the year 2024.
Social Security benefits for retirees will be distributed in the following ways, depending on the day of birth:
How Much You’ll Get: Social Security Schedule and COLA for January 2025
Date | Category |
January 3 | Retirees before May 1997 |
January 8 | Retirees after May 1997 with a birthday between the 1st and 10th of any month |
January 15 | Retirees after May 1997 with a birthday between the 11th and 20th of any month |
January 22 | Retirees after May 1997 with a birthday between the 21st and 31st of any month |
How to get Social Security benefits?
Depending on the payment option you have selected, you may or may not get your Social Security check on the same day. We have Direct Deposit on the one hand. However, there is also the option to receive Social Security benefits via the bank account.
While the second option may take up to three days for the retiree to get the money, the first method is instantaneous.
As a result, the first group’s seniors receive their Social Security checks next. Therefore, if you have enabled Direct Deposit, your Social Security retirement benefit check will come in a few days if you received your retirement check prior to May 1997.
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