Social Security: Beneficiaries and payment amounts for retirees for Wednesday, March 13 | | composition

Retiring in the United States undoubtedly creates financial peace of mind, but to do so you must have contributed to Social Security throughout your working life. Followed certain rules, as the number of annual credits. If you reach it and are one of the 66 million pensioners Social Security Administration (SSA), I describe in this note which group should receive the payment on Wednesday, March 13, which could amount to $4,873.

A retirement pension, as I mentioned, provides peace of mind, but it only replaces a portion of the income when a person reduces their hours or stops working altogether.

The good thing is that retirement is coming 3.2% increase due to COLAGuaranteed purchasing power to counter inflation and social security benefits.

Who Will Pay Social Security on March 13, 2024?

According to the Social Security Administration schedule, payments on the second Wednesday of the month, March 13, apply to those who retired after May 1997 and, in addition, to those born between the 1st and 10th of any month. They have to deposit survivors and beneficiaries Disability Insurance (SSDI).

• March 13: Second Wednesday of every month corresponds to the amount paid to retirees after May 1997 Born between 1 and 10 of any month.

Note: Same payment date applies to retirees and Survivors and Disability Insurance (SSDI) beneficiaries.

How much is the fee for retirees on March 13, 2024?

The Social Security Administration The value of deposits or checks varies significantly because they are directly related to retirement age and contributions throughout one's working life. Below, find out the amount for March 2024 by leisure:

• The average payment for a retiree is US$1,907.
• Early retirees at age 62 receive a maximum of US$2,710 per month.
• For those who retire at age 67, their monthly payments will be up to US$3,822.
• Those who delay retirement until age 70 can get it Maximum monthly payment up to US$4,873.

How much can you get from SSDI on March 13?

Payments to Social Security Disability Insurance (SSDI) beneficiaries are based on their average lifetime earnings. As stated therein SSAThese are the amounts for March 13, 2024:

• Average Check: US$1,550
• Maximum Amount: US$3,822
• People with blindness: US$2,590
• Payment to persons employed during probationary period: US$1,110.

More information on Social Security

Requirements to access social security

• Be a US citizen or lawful permanent resident.
• Have a valid social security number.
• Meet the age and/or disability requirements for the program you wish to access.

How do I know if I am eligible for Social Security payments?

All information related to Social Security and paychecks can be found here Website of GovtYou can access it in Spanish.

Cola in the last 10 years:

• 2014: 1.7%
• 2015: 0.0%
• 2016: 0.3%
• 2017: 2.0%
• 2018: 2.8%
• 2019: 1.6%
• 2020: 1.3%
• 2021: 5.9%
• 2022: 8.7%
• 2023: 3.2%.

How is the order calculated?

The adjustment is established by calculating the average inflation for the third quarter of the current year (July, August and September) compared to the same quarter of the previous year. The increase in COLA depends on the percentage difference between the two. The Social Security Administration (SSA) applies the adjustment beginning in December 2023.

What is the SSI payment schedule in 2024?

• January: Friday, December 29, 2023
• February: 1st Thursday of the month
• March: 1st Friday of the month
• April: 1st Monday of the month
• May: 1st of the month is Wednesday
• June: Friday 31st May
• July: 1st Monday of the month
• August: 1st Thursday of the month
• September: Friday 30 August
• October: 1st of the month is Tuesday
• November: 1st Friday of the month
• December: Friday, November 29