You can get a new Social Security payment if you are in this group
If you have a United States Social Security benefit and have not yet received your February 2024 payment, tomorrow could be the day you get it. It all depends on whether or not you meet the Administration’s requirements to get your February 21st payment.
Throughout the month, the Social Security Administration sends out a total of four different checks. Each of these checks is for a different group of retirees. As such, each citizen with a retirement benefit can get only one of these checks.
Also, on each of these paydays the requirements are different. So just by looking at the requirements established for the next payment on the 21st day we will know if we will have access to that benefit or not.
Still, remember that the day the money is sent is not the same as the day we get the check. Cashing it earlier or later will depend on whether or not we have activated Direct Deposit as a collection method. This method is the fastest, since any Social Security payment is immediate.
Requirements for February 21st Social Security payments
There are only two requirements for the February 21st payment. One of these requirements is to have a birthday between the 11th and 20th of any month. It is important to keep in mind that it is any month. It does not matter the month of birth. Likewise, it does not matter the year of birth of the retiree.
What is important for all of this is the year of retirement. In order to get the payment on February 21st, it is necessary to have the benefit as of May 1997. Just meeting these two requirements is enough to be able to receive the benefit on this day.
Well, at least it is enough for the Social Security Administration to send us a check. Whether or not you get it immediately will depend on the method of collection is taken. Remember that other information such as type of retirement, retirement age or amount of the check does not matter in determining the monthly collection day.
Thus, a retiree at age 62 with a check for $1,600 may collect on the same day as another beneficiary as early as age 67 with a check for $3,000 per month. What matters is the data we have seen above.