Sunday, September 29, 2024

Social Security payment schedule in October

Checks from the Social Security Administration (SSA) are sent every month to the more than 7 million beneficiaries retired and insured in the entity’s various social programs.

It is for that reason that The SSA manages a payment schedule so that each beneficiary knows the exact day they will receive their moneyNext month, the first to receive their check will be those insured by the Supplemental Security Income Program (SSI), the corresponding date is Tuesday, October 1.

Later that same week Payment will be sent to those retired before May 1997, the exact day they will receive their money will be Thursday, October 3 to continue with three more rounds of payments to retirees after May 1997, the exact dates are as follows:

  • Wednesday, October 9: payment to retirees born between the 1st and 10th of any month.
  • Wednesday, October 16: payment to retirees born between the 11th and 20th of any month.
  • Wednesday, October 23: payment to retirees born between the 21st and 31st of any month.

These dates will also be the same ones that will be established to send payments to those insured in the Disability Insurance (SSDI) program who applied for their benefits after April 1997.

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The amounts for each of these beneficiaries depend, in the case of retirees, on their retirement age, for example; At 62 years old they earn $2,710 dollars, at 67 years old they earn $3,822 dollars and Those who delay their retirement until age 70 get $4,873 dollars.

For its part, Individual SSI recipients receive $943, married couples receive $1,415 and essential people $472 dollars every month. These payments can be requested by retirees, people with disabilities or low-income seniors.

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Finally, SSDI policyholders receive between $1,537 dollars to $3,822 dollars monthly depending on their disability or socioeconomic conditionthe spouses and minor dependents of these beneficiaries also receive financial assistance every month.

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Melvin
Melvinhttps://indianetworknews.com
Melvin Smith is a seasoned news reporter with a reputation for delivering accurate and timely news coverage. His journalistic expertise spans various topics, offering clear and insightful reporting on current events and breaking stories.

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