Home Retirement Seniors 62 and older get $80 increase on March 20

Seniors 62 and older get $80 increase on March 20

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Some retirees are getting a new Social Security check on March 13

Some retirees are getting a new Social Security check on March 13

March 13th will be payment day for thousands of United States Social Security beneficiaries. These retirees can get a new check only if they are part of group 2 beneficiaries.

Each group of retirees has a set payday, so it is easy to mark on the calendar the time of the month when we will get each of the checks. However, the collection method also influences the day we will get our benefit.

Even so, we can find out when Social Security will send payment to different groups of retirees. Regardless, keep in mind that the Administration divides beneficiaries into four different groups. Belonging to one group or another will make the money available sooner or later.

Which retirees get the extra payment on March 20, 2024?

The $80 extra payment the approximate average COLA check that is in addition to the regular retirement check. Therefore, not all retirees get an extra $80 in this March 2024. Moreover, some already know what COLA they have gotten.

March 13 will be the collection day for some retirees
March 13 will be the collection day for some retirees

As of January 2024, all Americans have been able to enjoy a little extra money thanks to the COLA. And through this we are going to be able to know perfectly what the final amount is for each of the beneficiaries. But regardless of the amount, we can still collect the check.

Social Security retirees whose birthday falls between the 11 and 20 of the month can get the new payment on March 20. It is also necessary to have applied for retirement after 1997. This is the only way to get this new check next week.

Remember that the key method is critical to get the payment as soon as possible. So if you have a retirement benefit but do not activate Direct Deposit the money could arrive later. In short, if you want to get your retiree check as soon as possible, activate this collection method.

If you do not meet these requirements, there is nothing to worry about. The Social Security Administration will send other checks on the 27th of March. Therefore, we could obtain this benefit on one of these days without any problems.

In the event that we finish the month and do not get our retiree check on time, we should file a claim with Social Security. Before doing this we should talk to our bank to verify that they have not withheld the money.

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