$3000 1st Round of Direct Payment For Social Security

The federal government of the United States regularly launches a number of financial aid initiatives to assist eligible residents, especially those who are low-income earners, those who are 65 years of age or older, and those who have disabilities.

The $3,000 First Round of Direct Payment for Social Security, which will begin in June 2024, is one such initiative. The eligible beneficiaries’ accounts will be the first to receive these payments.

Overview For $3000 1st Round Payment Of Social Security

The 1st direct deposit round is anticipated to provide low-income households in the United States with $3,000 in June 2024. The $3,000 payments are still waiting for the formal approval. It is expected that payments will be made in June 2024; however, precise dates have not yet been verified.

For current Social Security recipients, there is no need to fill out an application form since money would be delivered directly to their bank accounts.

After the condition gets better, disability benefits will be reviewed, which could have an impact on further payments.

Eligibility Criteria For $3000 1st Round Payment Of Social Security

Candidates are required to meet the eligibility criteria mentioned by the Social Security Administration.

The requirements are as follows:

• Citizen: candidates must be born in the United States.
• Resident: candidates need to be permanent residents of the US.
• Age: the required age for candidates is 65 years or above.
• Disability: in case of disabilities, a person below the age of 65 years can also apply for social security.
• Income: a person’s income should not exceed more than $168,600.
• Candidates need to pay all the social security taxes.

Payment Dates For $3000 1st Round Payment Of Social Security

The Social Security Administration will distribute a $3000 1st Round Payment in the month of June. Payment dates will be according to beneficiaries’ birth dates.

Payment schedules are mentioned as follows: