Social Security update: Direct payment worth up to $4,555 to be sent to millions in five days

THere are the five days remaining until the second round Social Security Administration March Retirement Benefits who are born between the 11th & 20th of a given month will receive payments up to $4555.

The second of three rounds this month’s payments will see the disbursement released on March 15. Each payment corresponds to the 10-day block in which a person was conceived. The first round of payments went out Wednesday to those who were born between the 1st-10th of each month. According to The schedule of the SSA.

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For people born between February 21 and 31, the third and last round will be disbursed one week later, March 22, for those who were born between March 21 and 31.

The amount of the money that recipients receive from the payment will depend on their retirement age. The highest payout Payment Retirees who have reached 70 years old receive up to $4555 per month. Recipients who have retired at 67 at the maximum will be paid $3,627. Anyone who has retired at 62 at the maximum is eligible for $2,572. According to The SSA.

Social Security retirement payments are different from any other payments made by the agency such as disability insurance and Supplemental Security Insurance.

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Discussions about Social Security have been ongoing