If you were born between the 11th and the 20th of any month, and you qualify for retirement benefits, you’ll receive a $1,900 Social Security check on average tomorrow. But, before you get too excited, ensure you meet the specific requirements set by the Social Security Administration (SSA).
For millions of American seniors, these monthly checks provide the financial stability needed to cover living expenses and enjoy a comfortable retirement. The SSA, the federal agency responsible for distributing these benefits, plays a crucial role in ensuring retirees and their survivors receive the support they deserve.
Table of Contents
- 1 Upcoming Social Security Payments
- 2 Who Is Eligible?
- 3 Consider Retiring Abroad
- 3.1 FAQs
- 3.2 When will I receive my Social Security check if I was born between the 11th and 20th?
- 3.3 How can I check if my Social Security check has been issued?
- 3.4 What should I do if my Social Security check doesn’t arrive on time?
- 3.5 How does the SSA determine my Social Security payment amount?
- 3.6 Will my Social Security benefits increase next year?
Upcoming Social Security Payments
This month, there are two remaining Social Security payments scheduled. If you’re a retired worker expecting a Social Security check, you’ll receive your funds on June 18th and June 26th. Here’s a quick breakdown of the payment schedule:
Retirement Benefit Program | Payment Date | Social Security Check (Payment Method) |
---|---|---|
Retired workers over 62 years old who claimed after 1997 | June 12th | Check mailed |
Retirees born between the 1st and 10th | June 18th | Direct deposit or check |
Retirees born between the 11th and 20th | June 26th | Direct deposit or check |
Retirees born between the 21st and 31st | June 26th | Direct deposit or check |
If your check doesn’t arrive on time, wait at least three days before contacting the SSA. You can also check your My Social Security account for more information about your monthly earnings and financial statements.
Who Is Eligible?
To receive a $1,900 Social Security check, you need to meet several criteria. The SSA determines payment amounts based on your work history and the Social Security taxes you’ve paid. Here’s what you need to qualify:
- Earned 40 work credits: Equivalent to about ten years of work.
- Made required payments: Ensuring you’ve paid Social Security taxes.
- Claimed benefits before Full Retirement Age (FRA): The FRA varies depending on your birth year.
Here’s a look at the average Social Security payouts based on retirement age:
Age | Social Security Check Amount |
---|---|
On average | $1,900 |
Before FRA (age 62) | $2,710 |
At FRA (age 67) | $3,822 |
After FRA (age 70) | $4,873 |
Next year, thanks to the cost-of-living adjustment (COLA), your monthly benefits will increase. The Senior Citizens League (TSCL) projects a COLA between 2.6% and 3.2% for 2025. If a 3.2% increase is applied, here’s what you can expect:
Retirees | Social Security Check in 2024 | Including COLA 2025 |
---|---|---|
On average | $1,900 | $1,960 |
Age 62 | $2,710 | $2,796 |
Age 67 | $3,822 | $3,944 |
Age 70 | $4,873 | $5,028 |
Please note, these figures are projections and the official COLA for 2025 will be announced in October. For detailed information about your benefits, check your My Social Security account where you can view statements and handle various procedures online, such as applying for a new Social Security card.
Consider Retiring Abroad
Retirement planning is a significant concern for many. According to an AARP survey, 20% of Americans aged 50 and older have no retirement savings, and 61% worry about not having enough money to cover retirement expenses. This financial anxiety is leading many seniors to consider retiring abroad.
Italy, for instance, is an attractive option due to its lower cost of living and generous pension system. By retiring in Italy, seniors can stretch their Social Security benefits further, especially when it comes to private healthcare costs, which are much lower compared to the US.
Retiring abroad can provide a more affordable and enjoyable lifestyle, allowing seniors to make the most of their retirement years without the constant stress of financial insecurity.
FAQs
When will I receive my Social Security check if I was born between the 11th and 20th?
You will receive your $1,900 Social Security check on June 26th.
How can I check if my Social Security check has been issued?
Use your My Social Security account to track your payments and view your monthly statements.
What should I do if my Social Security check doesn’t arrive on time?
Wait at least three days before contacting the Social Security Administration (SSA).
How does the SSA determine my Social Security payment amount?
The SSA calculates your payment based on your work history, Social Security taxes paid, and the age at which you start receiving benefits.
Will my Social Security benefits increase next year?
Yes, due to the cost-of-living adjustment (COLA), your benefits are expected to increase by 2.6% to 3.2% in 2025.