New Social Security retirement checks arrive next Thursday – Find out eligibility criteria

The new retirement payment that the Social Security Administration will send directly to United States households has very specific requirements. As is always the case with these types of benefits, the payment is sent on certain days of the month, but it is true that not all eligible Americans get the payment on the same day. The method of collection is key if we are looking to get the benefit as soon as possible. So try to keep this in mind in order to organize everything related to your benefit. Moreover, for many people who collect a Social Security Administration retirement check, there is no other source of income, so knowing at what time of the month you can get your new retirement check helps to organize this. So, check to see if you can get the payment next Thursday, August 2nd and also find out if you can have it on the same day or a little later.

Who gets Social Security on Thursday, August 2nd?

There is only one way to get your August 2nd Social Security Administration retirement payment. That way is to have a check from after May 1997. And the fact is that the retirees who get their benefit on this day are those who belong to group 1. And there is only this requirement to be part of group 1 retirees. Likewise, if you want to collect the payment on the same day, August 2nd, you will have to take into account that it is mandatory to have Direct Deposit activated. This collection method is essential for this, since it is immediate. If you do not have this activated you will have to wait a few days until you get the check. You will get the money anyway, but a few days later.

How do I increase my Social Security check?

It is possible to reach the maximum Social Security check only if you have not yet applied for this benefit. The retirement payment can be as much as $4,873, but that does not mean that all Americans can get such a payment. So we need to pay attention to the retirement payment and what check we get. The steps to get a larger Social Security check are very simple. For one thing, we must take into account our retirement age. The later we apply for retirement, the better monthly payment we will get in the future. Likewise, there is a limit in this regard, which is 70 years of age. On the other hand, both salary and years worked also matter. The more salary as a worker the better retirement check we will have. In addition, we must work a minimum of 35 years before retiring in order to get a good benefit. While not everyone gets the maximum payment from the Social Security Administration, it is true that everyone can get a little closer to $4,873 if they follow these guidelines.