Since the Trump Administration returned to the White House, we’ve been experiencing countless changes that many didn’t even expect. And now it’s the turn of the Social Security Administration (SSA) payments.
With April knocking at the door, many retirees are eagerly waiting for their monthly pension check to arrive, but… not everyone will receive it on the same date, as the SSA has confirmed that the first payment of the month will not be for all beneficiaries, but for a very specific group.
So, if you’re waiting for that deposit, it’s best to check if you meet all the requirements. We’ll tell you everything.
When will the next April payment be?
It will be next Wednesday, April 3, and it will be the first payment the SSA has scheduled to send according to its annual calendar. However, not all Social Security beneficiaries will receive this deposit.
Who will receive money on April 3?
This deposit is only for those who applied for retirement before May 1997, quite a few years ago. So, if you filed your application after that date, you won’t receive the payment that day (but don’t worry, you will still get it!)
Also, there’s an important detail you should know: if you don’t have Direct Deposit activated, the check may take longer to arrive. The money is sent on the same day, but without this method, it can take several more days to show up in your account, and nobody wants that.
What about those who retired after that date?
Don’t worry, you’re not missing out on the April payment, yours will just arrive a little later. This is done so the SSA can organize payments more efficiently for all beneficiaries when they’re sent.
April payment schedule
- If you were born between the 1st and 10th of any month (and retired after 1997), your payment will arrive on April 9.
- If your birthday falls between the 11th and 20th of any month (and you retired after 1997), your check will arrive on April 16.
- And, if you were born between the 21st and 31st of any month, you’ll have to wait until April 23.
- As mentioned earlier, having Direct Deposit activated is essential to ensure your payment arrives on that exact day and doesn’t get delayed
Why is it important to know which group you belong to?
It’s as simple as knowing when you get paid, so you can better manage your personal finances and don’t have to keep checking your bank account to see whether the money has arrived or not. Since every dollar counts, especially when we’re talking about retirement payments, it’s better to keep them under control.
What if I don’t receive my check on time?
It’s not very common for the SSA to be late with monthly payments, but if it is delayed, first make sure you have Direct Deposit activated, and above all, make sure your information is correctly updated in your SSA profile.
So April, the month of flowers, also comes packed with cash for all the retirees in this country.
