Beneficiaries of the US Social Security system are in luck. It has already been confirmed that the Administration will issue a payment of up to $2,000 to certain individuals, scheduled for March 19th, including retirees and individuals who are part of the Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI).
In this sense, the American Social Security has confirmed that payments are issued according to the beneficiaries’ dates of birth. Therefore, it follows that those who were born between the 1st and the 10th of any month receive the money on the second Wednesday of the month; those who were born between the 11th and the 20th get it on the third; and those from the 21st to the 31st get it on the last day of the month. On the other hand, workers who retired before May 1997 and beneficiaries of the SSI do not follow this payment schedule, as the Administration sends them the money in the first days of the month.
People who will receive $2,000 from Social Security
According to information provided by the United States Public Administration, on March 19th thousands of Social Security beneficiaries will receive a significant amount of money in their bank accounts. Thus, people who are registered with this institution and who have met the established requirements may be recipients of this amount.
Thus, as reported by Social Security and according to the distribution calendar and the SSA estimates table, this Wednesday, March 19, retirees born between the 11th and the 20th of the month will receive an average payment of $2,000. This leaves only one payment left for the third month of the year, which will be made to people born between the 21st and the 31st and will be issued on March 26th.
Therefore, according to Social Security, the month of March will end with good news for Social Security beneficiaries, especially for retirees who are registered as pensioners in the United States Public Administration.
Average payment for Social Security retirees
The amount of the payments varies according to the history and case of each beneficiary. However, the SSA has estimates and simulators that allow people, whether single or families, to better plan for their retirement. In this way, based on the years worked and the age of retirement, it is possible to make an initial estimate of the amount that each worker will receive.
However, according to official information, the average payment for a worker who retires in 2025 is $1,976 per month and up to $3,089 for couples. However, the exact amount depends on several factors, such as the number of years of contributions to the system and the retirement age, among others. Otherwise, beneficiaries of the US Social Security have average payments of $967 if they are individuals and $1,450 if they are couples who declare jointly, as reported by the Administration.