New York, NY – Social Security beneficiaries in the United States eagerly anticipate the arrival of their upcoming payments this April. Among the various checks issued by the Social Security Administration, two main types are notable: the Supplemental Security Income and the retirement benefits payment destined for specific groups of recipients.
The highly anticipated retirement check, set to be distributed on April 10th, comes with eligibility criteria that not all beneficiaries will meet. This payment, which can reach up to $4,873, poses a question for many: will they be among the recipients on April 10th, 2024?
To qualify for the April 10th payment, recipients must satisfy two essential requirements mandated by the Social Security Administration. These crucial conditions center around the retiree’s year of retirement and date of birth, laying the foundation for the issuance of the payment.
With prerequisites outlined, individuals must have been born between the 1st and 10th of any month and must have been receiving retirement benefits since May 1997 to be eligible for the April 10th Social Security payment. Interestingly, the type of retirement benefit does not impact eligibility; thus, individuals receiving Disability benefits can still qualify if they meet the specified criteria.
In addition to the April 10th payment, beneficiaries can expect two more disbursements in April. The recent Supplemental Security Income payment on April 1st marks the beginning, followed by payments to pre-1997 retirees on the 3rd of the month. Subsequently, distributions will be made on the 17th and 24th for post-1997 retirees born between the 11th and 20th, as well as those born between the 21st and 31st of any month, respectively.
Recipient convenience is further emphasized with the importance of activating Direct Deposit for timely receipt of payments. Failure to do so may result in slight delays, with payments typically arriving within three days of the designated payment date. Planning accordingly ensures beneficiaries can access their entitlements promptly.
As April unfolds, Social Security recipients anticipate the regularity and structure of payment schedules while adhering to the stipulated criteria for eligibility. The distribution of payments continues to provide critical financial support for retirees across the nation, underscoring the significance of these benefits in maintaining economic stability for older Americans.