Check Your Bank Account Now – New Social Security Check Arriving Today for Birthdays on These Dates

Today, many beneficiaries of the Retirement, Survivor, and Disability Insurance (RSDI) program will receive their new Social Security payment. To be eligible for these monthly benefits, claimants must have applied after May 1997 and be born between the 11th and 20th.

On average, retired workers can expect $1,900, while those receiving Social Security Disability Insurance (SSDI) will get $1,537. These amounts already include the 3.2% cost of living adjustment (COLA), designed to help recipients keep up with inflation and cover their monthly expenses.

Payment Amounts

Knowing the payment amounts for retirees, survivors, and disabled individuals can be complex. Here’s a summary of the monthly checks available to RSDI and SSI beneficiaries in 2024:

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Social Security Payments	Retirement Benefits	Survivors Benefits	Disability Benefits
On Average	$1,900	$1,505	$1,537
Other Payments
Age 62:	$2,710
Age 67:	$3,822
Age 70:	$4,873
Individual:		$1,773
2 Children:		$3,653
Blind Recipients:			$2,590
Maximum Payment:			$3,822

Payments

Each beneficiary’s situation is unique, so it’s essential to consult with a Social Security professional to knowing how your payment amount is calculated. Meeting the strict requirements for the maximum benefit amounts in each program is crucial. For more information, access your My Social Security account to download monthly statements, check payment delivery, and request other Social Security procedures online.

Payment Schedule

The Social Security payment schedule for 2024 has two remaining payments scheduled for the third and fourth Wednesdays of this month. The SSA organizes payments based on each beneficiary’s birth date:

RSDI Benefit Program	Mailing Date	Payment Methodology
Retirees, survivors, and disabled people post-1997	2nd Wednesday (July 10th)	Day of birth: 1st–10th
	3rd Wednesday (July 17th)	Day of birth: 11th–20th
	4th Wednesday (July 24th)	Day of birth: 21st–31st

SSI recipients are always paid on the first day of the month, while RSDI beneficiaries who claimed benefits before 1997 are paid on the third day of the month, regardless of their birth date.

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Retirement Age Trends

Predicting retirement age can be challenging. According to a 2024 Mass Mutual survey, many people plan to retire at age 63, though the median reported retirement age is 62. This suggests that many Americans expect to work longer than they do. Early retirement often results from unforeseen events like health problems, disabilities, or caregiving responsibilities. Medicare becomes available at age 65, making health insurance a critical factor for those considering early retirement.

In conclusion, Social Security payments are crucial for supporting retirees, survivors, and disabled individuals. Knowing the payment schedule and amounts is vital for beneficiaries. Always check with Social Security professionals to ensure you receive the correct benefits and stay informed about your entitlements.

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