Social Security Sends Final June Checks Up to $5,181 on June 24
Updated
Updated · Washington Examiner · Jun 22
Social Security Sends Final June Checks Up to $5,181 on June 24
3 articles · Updated · Washington Examiner · Jun 22
Summary
June 24 marks the third and final June payment wave for retirees born on or after the 21st of any month, with maximum monthly benefits reaching $5,181.
That cap applies to retirees who waited until age 70; the Social Security Administration says claiming at 62 can mean a maximum monthly check of $2,969.
June's earlier rounds went out on June 10 for birthdays on or before the 10th and on June 17 for those born from the 11th through the 20th.
Social Security is funded by payroll taxes from workers and employers, but trustees project the retirement fund will be depleted by 2032, risking benefit cuts unless Congress acts.