The new payment from the Social Security Administration will reach United States households in a few days. This new payment will be only for group 1 retirement beneficiaries. To be part of this group it is necessary to meet only one mandatory requirement.
So, if you meet that requirement you will be able to get this new check from Social Security and enjoy your retirement in just one week. But if you do not meet the requirement as such, the payment will arrive during the month of May. You need to keep this in mind, as the next day’s payment is not the only one the Administration will send out all month.
Requirement to get a Social Security of around $2,300 soon
The truth is that the amount of the Social Security benefit is different for each beneficiary. So your check could be around $2,300 or as low as $1,500. Likewise, it could also be the payment of $4,873, which is the maximum retirement payment this May 2024.
The requirement to get next May 3rd check, whatever the amount, is to have a Social Security payment since before May 1997. There is no extra requirement, so we can enjoy the payment just by meeting this condition. And if our check is after May 1997, payment will arrive in the next few weeks.
Other Social Security payments in May
The remaining Social Security payments for the month of May 2024 are 3. In addition to those payments, there is also an extra Supplemental Security Income payment. In total, up to 6 different checks will go out from Social Security offices in May.
But each beneficiary could reach a maximum of three checks in May. Two Supplemental Security Income payments, on the 1st and 31st, and a retirement payment on the day it is due.
The other Social Security retirement payments in May will be on the 8th, 15th, and 22nd. To get a payment on one of these days, you must have had your payment since after May 1997 and also have a birthday on a specific day.