Government surprises millions of retirees and announces a new increase for today’s payments

You could get a new check from Social Security if you are in the correct group of Retirees

You could get a new check from Social Security if you are in the correct group of Retirees

Social Security payments depend on several different factors and in the United States we can get a check with an increase every year. This increase makes this year’s September payment higher than last year’s September payment. However, the increase is not exactly new, as we will get the same check that we have gotten in the previous months of 2024.

Be that as it may, what is important is that this September’s payment will be higher than in September 2023. Retirees will get a new check on the 18th day of September only if they meet certain requirements. Whether the increase is included or not, this coming September 18th payment is for a specific group of Americans.

Which retirees get the September 18th Social Security benefit?

In order to get this new benefit on the upcoming September 18th, retirees need to meet two requirements. If they do not meet those two requirements they cannot get payment, although it is true that having a retirement check ensures that they can enjoy a check during the month.

Thus, retirees who will get their check on the 18th of September are those who:

If you are not in this group you can still get your Social Security benefit check in September, but not on this specific day. Citizens outside of the September 18th group will get payment on any of the other paydays.

What is the maximum amount for Social Security retirees in 2024?

After applying the 3.2% COLA earlier this year, United States citizens with a retirement benefit can have a check of up to $4,873 per month. Still, having such a check is not possible for all citizens, as it is necessary to have maximized options to receive a large check.

Regardless of the amount you received in September 2023, this September 2024 you will get a larger check, since the COLA has added some extra dollars to the payout for all retirees. So you will be able to enjoy a larger benefit to cover all of your regular expenses.

Remember that if your retirement check is too small, you can always apply for Supplemental Security Income. Also, keep in mind that Social Security checks depend on your retirement age, years worked and salary during those years. Therefore, by maximizing these three aspects we will have a larger monthly check.

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