monthlysent by the Social Security Administration Send money to millions of people in the US.
This includes retireesSupplemental Security Income Recipients, and Disability and Survivor Benefit Reductions. It’s time to send over the $1,800 payment for June.
Monthly Social Security checks: How much will be sent in 2023?
The amount payable is calculated separately based on the ‘primary sum insured’.. Benefit amounts may also be affected by factors such as the age of the beneficiary and an increase in cost of living adjustments.
This year, thanks to an 8.7% increase in COLA, Average payout for retirees increased to about $1,827SSA said in January. The maximum benefit for those who retire at age 62 is $2,572 per month. $3,627 per month for workers retiring at full retirement age (age 67), $4,555 for those retiring after age 70.
in the meantime, The median payout for recipients of supplemental coverage income is approximately $600. about, Maximum monthly SSI benefit is up to $914 per person $1,371 for a married couple (if both spouses are eligible for the program).
Also read: The $914 Social Security Payment: Who Will Get It?
$1,800 social security check: exact mailing date is June 2023
SSA will send according to schedule SSI payment and First day of every month. However, some months will send two payments and some months will send none. In June, the SSI beneficiary will receive his two payments.
and 3rd of every monthSSA sends money to People who began receiving Social Security payments before May 1997. All other Social Security checks are sent based on the recipient’s date of birth.
- 2nd Wednesday of each month: Retirees with birthdays between 1st and 10th
- 3rd Wednesday: Beneficiaries born between 11th and 20th
- 4th Wednesday: Retirees born between 21st and 31st
Exact mailing dates for social security payments in June:
- June 1: Supplemental Securities Income (SSI) Recipient
- June 2: Payees who initiated payments before May 1997
- June 14th: Recipients with date of birth 1-10
- June 21: Recipients between the ages of 11 and 20
- June 28: Recipients between the ages of 21-31
- June 30: SSI payee (July payment)
Why was my SSI payment sent twice in June?
SSI recipients will receive their June payments on the first day of the month. In addition, his second payment will be made on June 30th. This is because the first day of July is a Saturday, so payments for that month are sent on the previous Friday. So the SSI payee will receive two payments in June, but none in July.
Also read: How much money do you have to make to be considered middle class in your state?
