June 26, 2024

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Social Security: Beneficiaries and payment amounts for Wednesday, June 12 | composition

Social Security: Beneficiaries and payment amounts for Wednesday, June 12 |  composition

In June, retirement pension payments continue in the United States for those who have contributed to Social Security throughout their working lives and who have followed certain rules, such as a certain number of annual credits. If you are among the 68 million users Social Security Administration (abbreviated as SSA in English), you should know that on Wednesday, June 12, the respective deposit is made to a group. Know who will get the deposit and amount according to their retirement age and their classification.

SSA is already paying in the sixth month of the year. 7.5 million Supplemental Security Income (SSI) recipients were paid in advance on May 31 instead of June 1; Those who retired before May 1997 were paid on Monday, June 3.

Who Will Pay Social Security on June 12, 2024?

Payments due Wednesday, June 12, according to the Social Security Administration schedule It is designed for those who retired after May 1997 and have birthday between 1st and 10th of any month.. Survivors and Social Security Disability Insurance (SSDI) beneficiaries must also make a deposit.

  • June 12: Payable on the second Wednesday of every month to those retired after May 1997 and born between 1st and 10th of any month. Fees include SSDI beneficiaries and survivors.
View June 2024 payments in calendar (Photo: SSA)

How much will they pay to retirees on June 12, 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 the amount for June 2024 by retirement time:

  • Average pay of a retiree: US$1,907.
  • Payment to early retirees at age 62: They earn a maximum of US$2,710 per month.
  • For those who retire at age 67: Your monthly payment could be up to US$3,822.
  • Those who delayed retirement until age 70: They can get a Maximum monthly payment up to US$4,873.
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Fees for SSDI beneficiaries in June 2024

Your monthly SSDI benefit amount is based on your average lifetime earnings from Social Security. As stated therein These are the amounts for June 2024:

  • Average Check: US$1,537
  • Maximum charge for 2024: US$3,822
  • People with blindness: US$2,590.
  • Trial work period: US$1,110.

Maximum payment for survivors

There is a limit to the monthly benefits that can be paid to you and other members of your family. The range of the deceased person’s benefit amount is 150% to 180%. By 2024, the Amounts range from US$1,500, US$2,166 and US$2,825 and more.