Since the Trump administration returned to the White House, we’ve seen countless changes that many people didn’t expect. And now it’s time for the Social Security Administration (SSA) payments. As April approaches, retirees eagerly await their monthly pension check.
However, the SSA has confirmed that the first payment of the month will only be made to a select group of beneficiaries. So, if you’re waiting for your deposit, make sure you meet all of the requirements. We will tell you everything.
When will the next April payment be?
It will be sent on next Wednesday, April 3, and will be the first payment scheduled by the Social Security Administration under the annual calendar. However, not all Social Security recipients will receive this deposit.
Who will receive money on April 3?
This deposit is only available to those who applied for retirement prior to May 1997, which was many years ago. So, if you filed your application after that date, you won’t get paid that day (but don’t worry, you will!).
Also, if you do not have Direct Deposit enabled, the check may take longer to arrive. The money is sent on the same day, but if you do not use this method, it may take several days to appear in your account, which is not desirable.
What about those who retired after that date?
Don’t worry, you won’t miss out on the April payment; it will simply arrive a little later. This allows the SSA to more efficiently organize payments for all beneficiaries when they are 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 is uncommon for the SSA to be late with monthly payments, but if it happens, make sure you have Direct Deposit enabled and, most importantly, that your information in your SSA profile is up to date.
So April, the month of flowers, comes packed with cash for all of this country’s retirees.
