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Checks up to $4,558 from Social Security will reach the pockets of millions of Americans

United States Social Security beneficiaries could receive a new retirement check of up to $4,558 in a few days

by Abraham Quirós Villalba
13/02/2023 03:09
in Money
Millions of United States Social Security beneficiares will get a new payment check really soon - AdobeStock

Millions of United States Social Security beneficiares will get a new payment check really soon - AdobeStock

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The United States Social Security benefit payment day schedule for February is now complete. This means that any pensioner can know the exact day they will receive their check. At least they can know the day the Social Security Administration will send it out, which is already quite a bit of information.

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So that we don’t have to worry about not knowing the exact day, Social Security has clear rules about this. Likewise, we only need to know the senior’s date of birth in order to determine the day on which he or she will receive his or her pension in February 2023.

Thus, February 8, 15 and 22 are the days chosen to be able to receive one of these benefit checks. Social Security will send it on one of these days based on the retiree’s birthday. When will you receive your Social Security benefit in February 2023?

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All February 2023 Social Security Payments

The days on which Social Security will pay benefits in the month of February 2023 are as follows:

  • February 8. On this day Social Security pays benefits to pensioners born between the 1st and 10th of the month.
  • February 15. Any beneficiaries with birthdays between the 11th and 20th of the month will receive checks on this day.
  • February 22. All beneficiaries born between the 21st and 31st of the month can receive their benefit on this day.

And it is important to remember one fact. It is not obligatory to be born in February to receive the February benefit. Thus, a pensioner born in any month can receive the pension for any month. It is a fairly easy to follow method that is not complicated at all. This way we can know the days on which Social Security will pay us our benefit.

Maximizing pension payments

It is possible to maximize pension payments. The maximum check is $4,558 per month, but this amount is reserved only for a number of retirees who meet certain requirements. In short, if you want a very high Social Security check the first thing you have to do is not to have started collecting it.

In addition, there are three things to maximize:

  • Delay retirement age as long as possible.
  • Collect a high salary as a worker.
  • Work for at least 35 years.

Reaching the maximum of $4,558 requires having a very high salary for 35 years and retiring at 70. Only then will we reach the maximum Social Security check. However, it is very difficult to reach that figure, but it is possible to get the maximum possible figure if we take into account these three aspects.

Other Social Security payments

Within the Social Security payments we can find retirement payments, such as those in the schedule we have just seen. These payments are for retirees with pensions due to age, disability or some other reason.

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However, these are not the only payments that the Social Security Administration sends to United States citizens. In addition to this payment, it also sends another payment called Supplemental Security Income. Supplemental Security Income is a check from the SSA that only low-income Americans can receive.

These checks are always sent on the 1st of each month, with some exceptions. If the 1st of the month falls on a weekend or holiday, Social Security sends checks on the immediately preceding business day.

To find out if you are eligible for Supplemental Security Income, you can use Best Tool. Using this application, we can find out in a few minutes whether or not we are entitled to a Supplemental Security Income check.

Tags: paymentpensionretirementSocial SecurityUnited States
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