$698 Direct Deposit Payment May 2025: Direct Deposit payments in USA are very helpful for low income citizens and senior citizens where the government provides one time financial assistance in bank accounts directly under their social welfare programs. Many people in USA eligible to get $698 direct deposit payment in May 2025 which will help them to overcome financial burden. If you are also living in USA then you can read this article which will help you to understand $698 Direct Deposit Payment May 2025 including the eligibility criteria, procedure to get the payment, how much you can get and how to maximize you are benefits.
Inflation is continuously increasing in USA which is making difficult to purchase daily use items including grocery product, medical treatment, regular medicines, educational expenses, travel expenses and all other services. Social security administration is already managing the monthly payouts to low income seniors and disabled citizens, but still in the payment is not sufficient to fulfill basic needs of the individuals. So direct deposit payments works as milestone during this difficult period where government provides additional extra payment to affected people according to the cost of living and adjustment and inflation.
$698 Direct Deposit Payment May 2025 Eligibility
If you also want to get additional payouts of $$698 Direct Deposit Payment May 2025 then you should check the eligibility criteria listed in this section and after that can apply for the payment accordingly.
- The applicant should be a permanent citizen of USA and living in the country for at least 10 years.
- This program is prepared only for Veteran affairs beneficiaries where individuals who served for US Army or their family member can get financial assistance from the department of VA.
- $698 payment is related to annual pay out to VA beneficiaries for their energy and other relief benefits.
- The income criteria of the applicant should also meet where single applicant should earn less than $75000 in a year; however couple applicants can receive the payment with the annual income of $150,000.
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How much you can get?
If you meet the above eligibility criteria then you will able to get the annual payment of $698 from the department of VA in USA. The amount will be transferred in bank account of beneficiaries directly. This is a tax free amount where you need note to pay any tax while claiming the payment. Apart from this if you are a senior who has crossed the age of 67 or facing any disability then you can get additional benefits from the authority according to your condition.
How to maximize or benefit?
The Government of USA is running SSI program to seniors in the country where eligible seniors can get a maximum benefit of $967 in a month. The payment of the program is revised per month on the first day of the month. If you are getting your VA benefits and want to get additional payouts then can apply in SSI and SSDI according to your seniority and disability conditions which will boost up your payment.
$698 Direct Deposit Payment May 2025 Release Date
If you are waiting for your direct deposits of $698 in May 2025 then you need to wait for your regular payouts of VA benefits. The beneficiaries will receive the payment as part of their monthly VA benefit payouts. VA benefits are typically paid out between the first and fourth day of each month.
- If your card is ending with 0 to 1 then you will get your payment on first April,
- individuals whose card is ending with 2 to 3 Will see the payment on 2nd May
- 3rd May is scheduled for those whose card is ending with 4 to 5
- The last payment will be released on 4th May for those who have a card ending with 6 to 7.
According to your eligibility and card details you will receive your payments in your bank directly. You are not required to apply for the direct deposit payment as it will reflect directly without any application to existing beneficiaries of VA program.
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