SSA Sends June 17 Social Security Payments Worth Up to $5,181 to Millions
Updated
Updated · Newsweek · Jun 15
SSA Sends June 17 Social Security Payments Worth Up to $5,181 to Millions
3 articles · Updated · Newsweek · Jun 15
Summary
June 17 marks the next major Social Security payout, covering retirees, SSDI recipients and survivor beneficiaries born between the 11th and 20th of any month.
The SSA splits payments by birth date under a staggered system adopted in 1997, with most post-May 1997 beneficiaries paid on the second, third or fourth Wednesday each month.
Benefits vary widely: the maximum monthly payment reaches $5,181 for workers who earned at the taxable maximum and claimed at age 70, while the average retired-worker benefit is about $2,071.
June 24 will bring the final June payment wave for birthdays from the 21st to 31st, while people paid before May 1997 or receiving both SSI and Social Security already got checks on June 3.