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

SBeneficiaries of the Social Security Administration retirement On Wednesday, March retirement benefits worth as much as $4,555 were received.

This disbursement is the first of three wave payments in this month. Each wave will go to people born between the 1st and 10th of the month. For people born between 1 and 10 of the month, this was the first round. according to The schedule of the SSA.

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For those who were born between March 11 and 20, the next round will begin on March 15. People born on or after March 22nd, the fourth Wednesday March, will receive their last payment.

Recipients receive money based on the age at which they retire. The best payment Retirees who have reached 70 years old receive up to $4555 per month. The maximum monthly check for recipients who have retired after 67 is $3,627. Anyone who has retired before 62 can receive up to $2572. according to The SSA.

The SSA’s retirement payments are not the same as other benefits, like disability insurance and pension payments. Supplemental Security Income.

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