New $5000 Cheques Coming Directly into Bank Accounts; These People Will Get Them: There are millions of Americans waiting to see if they will soon receive $5,000 stimulus cheques in their bank accounts because of the DOGE dividend proposal. During a recent address, President Trump floated the possibility of issuing $5000 cheques to taxpayers.
New $5000 Cheques Coming Directly into Bank Accounts
The plan, which is being considered by the Trump administration, would give 20% of the savings from DOGE to taxpayers in the form of $5000 cheques, the Sun reported.
What would you do if you knew $5000 might hit your bank account today? We predict a rollercoaster of emotions for many people if it happens to them. Now this is not wishful thinking, as the governor mentioned that there are ways to increase the amount of money through certain programmes. Unfortunately, only specific people who are on the list will be able to put back almost 5000% in their accounts. Check if you are one of these people on this list.
Some people will be receiving money in their bank accounts
The SSA will make a new round of payments today to cover essential income for retirement disability and survivor benefits. Today will be the SSA’s second round of Social Security payments for May, and many people born between the 1st and the 10th of any given month are bound to jump with joy.
When Social Security payments are sent
The Social Security Administration (SSA) sticks to a consistent schedule to ensure timely payments. Typically, your birth date determines when your monthly benefit is deposited:
Birth Date Range | Payment Date (June 2025) |
1st–10th | Wednesday, June 11 |
11th–20th | Wednesday, June 18 |
21st=31st | Wednesday, June 30 |
If you received Social Security before May 1997 or you receive your payment on the 3rd of the month. Meanwhile, SSI-only recipients typically receive their payments on the 1st of the month, unless that date falls on a weekend or holiday. In June 2025, for example, SSI recipients were paid on May 30, since June 1 landed on a weekend.
Who qualifies for the maximum Social Security payment?
Not every beneficiary will get the maximum monthly Social Security payment of $5,108. To qualify for that amount, you must meet several key criteria.
- You must have worked and paid Social Security taxes for at least 35 years.
- Your income during those years must have hit or exceeded the maximum taxable earnings threshold.
- Most importantly, you must have waited until age 70 to begin claiming your retirement benefits.
When you can start receiving Social Security as early as age 62, delaying your benefits boosts your monthly payout.
Who is getting paid this week?
For the week of Wednesday, June 30, 2025, payments will be distributed to retirees born between the 21st and 31st of any month. While most recipients will get a standard amount based on their earnings, history, and claiming age, some will see a maximum monthly benefit of $5,108 if they waited until age 70 and met the other high-earning criteria.
This round of payments comes after an adjustment schedule earlier in the month due to the June 1 weekend conflict. These shifts, while rare, ensure that no beneficiary ever misses a payment—a commitment the SSA has upheld since the program began. You need to understand how payments work and what actions can enhance your monthly benefits; this is essential to building a more stable retirement plan.
Strategies to maximise your Social Security benefits
1. Understanding Spousal Benefits
Spouses are eligible to claim up to 50% of their partner’s benefit, provided they meet age and eligibility requirements. A common strategy is for the lower-earning spouse to claim first, allowing the higher-earning spouse to delay and increase their benefits.
2. Claiming After Divorce
If you were married for at least 10 years and are now divorced, you may still be eligible to get spousal benefits even if your ex-spouse has remarried. This can be a valuable strategy for individuals.
3. Withdrawal and Refile Option
If you have already claimed your benefits but had a change of heart, the SSA allows a one-time withdrawal of your application within 12 months of claiming.
Conclusion
In this article we discussed the new $5000 checks coming directly into bank accounts; these people will get them. This round of payments comes after an adjustment schedule earlier in the month due to the June 1 weekend conflict.