en.elcierredigital.com, nadianb Maximum joy after SSA of the U.S. confirmed this about the payments: it was badly needed
Millions of Americans are in luck: this upcoming Social Security payment fills them with happiness
Social Security in the United States has just delivered news that brings relief and smiles. The Social Security Administration (SSA) has confirmed a payment that will be great for millions of Americans.
This announcement was highly desired, because billions of Americans depend on that monthly income to survive. Now we clearly know two very important dates: Wednesday, August 20 will be key, and the last payment in August, Wednesday, August 27, is also confirmed.
This is what SSA has confirmed to the joy of many in the US
The payment that will arrive on Wednesday, August 20 corresponds to Social Security beneficiaries born between the 11th and 20th of any month. This disbursement is part of the standard schedule that the SSA follows.
Beneficiaries born from the 1st to the 10th receive payment on the second Wednesday of the month, while those born from the 11th to the 20th receive payment on the third Wednesday. Those born from the 21st to the 31st, on the fourth Wednesday. So, Wednesday, the 20th will be that highly desired Wednesday, August 20.
Peculiarity of Social Security
Meanwhile, the last payment in August, also confirmed by the SSA, will be on Wednesday, August 27. On that day, those who were born between the 21st and the 31st of any month will receive their Social Security payments. It is the official monthly conclusion for that group of beneficiaries.
There is a peculiarity: beneficiaries of Supplemental Security Income or those who have received SS benefits since before May 1997 already received their payment on August 1. Then they will have an additional payment on Friday, August 29. That last one consists of the September benefit paid in advance due to the Labor Day holiday on September 1.
Average amounts to be collected
The average retirement benefit is around $2,000 per month, surpassing that mark for the first time in May. The possible maximums are much higher: up to $5,108 for those who delayed their retirement until age 70 and have a very high contribution record.
The explanation from SSA is clear: the system is designed by date of birth to distribute payments in an orderly manner each month. It is a simple way to schedule disbursements to more than 70 million Americans without overloading the system. This approach avoids complications and makes it clear who gets paid when.
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