Social Security payments: new payment for retirees and disability confirmed today with increase included

Social Security payments in the United States correspond to the beneficiary's date of birth or enrollment in the program

Social Security payments: new payment for retirees and disability confirmed today with increase included

Social Security payments: new payment for retirees and disability confirmed today with increase included

The Social Security Administration (SSA) is the entity responsible for managing the monthly retirement payments that millions of people get. These checks replace a portion of income when someone reduces their work hours or retires completely. The amounts and dates of the payments vary depending on the beneficiary’s date of birth or when he or she enrolled in the program.

In addition to administering the retirement program, SSA provides support for people who are ill or unable to work, provides benefits to surviving spouses and children of a deceased beneficiary, and manages the Supplemental Security Income (SSI) program. Through this program, monthly payments are provided to seniors and people with disabilities who have little or no income.

Who gets Social Security payments today, Wednesday, September 11?

If the retiree started getting or applied for Social Security benefits before April 30, 1997, his or her payment is issued on the third day of each month. For those who applied after that date, the payment day is based on the date of birth. This Wednesday, September 11, 2024, deposits will be made for beneficiaries born between the 1st and 10th of the month.

Recipients who only receive help from the SSI program get their payments on the first day of each month. However, if the payment date falls on a Saturday, Sunday or a holiday, benefits are issued on the preceding business day. For this reason, the September check was deposited on August 30th, and the next payment will be made on Tuesday, October 1st.

Here are the Social Security payment dates for September:

What is the average monthly benefit for a retiree?

SSA explains that the estimated average amount changes monthly. For example, the estimated average monthly Social Security retirement benefit for January 2024 was $1907.

The maximum benefit amount depends on the age at which the worker retires. For example, if you retire at full retirement age in 2024, the maximum benefit would be $3822. However, if you retire at age 62, your maximum benefit would be $2710. If you retire at age 70, it would be $4873.

How do I apply for Social Security retirement benefits?

According to the agency, the easiest and most convenient way to apply for retirement benefits is by using the online application. To do so, the applicant must create or log in to his or her personal my Social Security account.

If the registration cannot be processed, you will get specific information on how to contact the SSA by phone or schedule an appointment. You can apply forretirement benefitsup to four months before you want to start getting support.

You can also apply by phone at 1-800-772-1213 Monday through Friday between 8 a.m. and 7 p.m. local time or by visiting a local Social Security office. If you live outside the U.S., you can find the office that serves your country of residence on Social Security’s Office of International Revenues and Operations website.

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