A monthly income is very important for the millions of beneficiaries who depend on these payments to pay for their retirement.
People who retired, lost a spouse, or became disabled and filed for benefits before May 1997 will start getting a new $1,900 monthly payment tomorrow, according to the Social Security Administration.
If you applied for benefits after that date, you will get your checks on the second, third, and fourth Wednesday of each month, depending on your date of birth. Keep in mind that only these beneficiaries are eligible to get the money.
Also, please keep in mind that the 3.2% cost-of-living adjustment (COLA) increase is already built into the payments that are due tomorrow.
The Social Security Administration thinks that about 67 million people will get monthly payments from Social Security in September 2023.
But most of these people and their families will be retired by then, and more than 52 million will be getting Social Security benefits.
Also, the Social Security Administration thinks that more than 180 million people will be working and paying into Social Security by 2024.
Social Security confirms new payment to retirees tomorrow
RSDI recipients get their monthly checks on the third of each month, according to the Social Security payment schedule. Recipients who have not received their checks yet will get them on the following dates:
- On November 13th, or the Second Wednesday. This day all retirees, survivors, and disabled Americans whose birthdates fall between the 1st and the 10th will get paid.
- On November 120th, or the Third Wednesday. This day all retirees, survivors, and disabled Americans whose birthdates fall between the 11th and 20th will get paid.
- On November 27th, or the fourth Wednesday. This day all retirees, survivors, and disabled Americans whose birthdates fall between the 21st and the 31st will get paid.
The amount of money that can be paid out each year for RSDI depends on the person’s full retirement age (FRA), work history, the amount of Social Security taxes they paid while they were working, and the type of disability—especially for disabled workers.
Because each program has its own rules and payment amounts, we have put together a list of all the monthly checks that retirees, survivors, and disabled workers can get this month:
Social Security check amounts | Retirement benefits | Survivors benefits | Disability benefits |
On average | $1,900 | $1,505 | $1,537 |
Other payments | Age 62: $2,710
Age 67: $3,822 Age 70: $4,873 |
Individual: $1,773
2 Children: $3,653 |
Blind recipients: $2,590
Maximum payment: $3,822 |
Do not forget that you have to meet all the requirements to get the most money each month from Social Security. Talk to an SSA consultant or financial advisor to make it more likely that you will get this Social Security payment.
For more information, go to the official SSA website for retirement or log in to your My Social Security account to get monthly statements and ask for more information.
After a parent passes away, who is eligible to receive a Social Security payment?
When a parent who worked and paid taxes dies, more than half of the 2.7 million children who get Social Security payments do too.
SSA records show that 98 out of every 100 children in the United States may be able to get these federal benefits after the death of a working parent.
In some cases, the child’s surviving parent may also be able to get benefits. A child’s education, health, and finances can all be hurt by the death of a parent, says David Weaver of the University of South Carolina.
Monthly payments are very important for children who are still alive and families of all races, ethnicities, income levels, and locations.
Benefits for children who have died are usually more than $1,000 a month, and they keep coming until the child turns 18 or 19 if they are still in high school and not married.
In some cases, grandparents, stepparents, adopted children, and stepchildren may also be able to get monthly benefits.
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