Social Security sends five different payments every month in the United States. Not everyone qualifies since there are two main and essential requirements. The first condition for SSA retirement benefits is to be at least 62 years old or older. The second thing you must comply with is having enough work credits.
If you have managed to achieve 40 credits, you can claim either retirement benefits or Social Security Disability Insurance benefits. For SSDI you may need less than 40 credits if you are younger. Of course, you must have a qualifying disability. To get credits you must have paid taxes to SSA for the work you had.
Remember that you must have worked for approximately ten years to get the minimum amount of work credits. Otherwise, you will not qualify for the upcoming payments from Social Security. Check your eligibility now to see if you can get checks every month and forget about work.
When will the first Social Security payment come in June 2023?
Social Security will send the first payment on June 1, 2023 for Supplemental Security Income (SSI) beneficiaries. If your retirement or disability benefits is too low and you cannot make ends meet, apply for SSI. This check could be worth up to 914 dollars for individuals that are eligible in 2023.
It is up to $1,371 if you have an eligible spouse. Essential persons could collect up to $458. Thus, it will be worth checking your eligibility and taking some time to apply. Apply for these benefits now. Do not forget to create a Social Security my account to see the number of years you have paid Social Security taxes.
Who will receive the second payment from SSA in June 2023?
The second payment in June will be for those Social Security beneficiaries who qualified for benefits before May 1997. If you collect SSI and SSA benefits, you will also receive the latter on Friday, June 2, 2023. This payment usually comes on the third day of each month, but June 3 is on the weekend.
Social Security always pays in advance when paydays fall on a holiday or it is Saturday or Sunday. As for the third payment, it will be on June 14, 2023. Retirement and SSDI benefits come on Wednesdays. They are for the second, third, and fourth Wednesday of every month. To pay them gradually, SSA uses birth dates.
So if your birthday is on the first ten days of the month, you will collect benefits on June 14. Those whose birthday is from the eleventh to the twentieth will receive their payment on June 21. June 28 will be the fifth payment corresponding to this month. It is for those who have their birthdays from the 21st to the 31st. Not surprisingly, there is another SSI payment on June 30. This double payment is not a bonus, it is paid in advance for the month of July by SSA.