The birthday for United States retirees determines at what time of the month the Social Security Administration sends out a monthly pension check. It is still true that one group is not determined by this data, but for some groups it is important to keep track of this information.
The Social Security Administration divides retirees into up to 4 different groups. Of those 4 groups, 1 group is composed of beneficiaries prior to May 1997. After that, the post-May 1997 beneficiaries are further divided into three different groups. And these last three groups are the ones that are determined by each retiree’s birthday.
Who gets the $1,800 Social Security check on average soon?
In order to have this day’s check in our pocket we have to meet a couple of requirements. On the one hand, we must have the benefit after May 1997. On the other hand, we have to have a birthday between the 21st and 31st of the month. That group gets its check on May 22nd, 2024.
By meeting these two requirements, we will be part of retiree group 4. This group is the last one to get a benefit for the whole month as far as retirement is concerned. In addition to that, there is another payment on the 31st of May, but this payment is different, since it is another extra benefit.
How much will these Social Security beneficiaries get?
The $1,800 payment is the approximate average payment in May 2024 for Social Security beneficiaries. But this does not imply that all retirement beneficiaries will get such a check. Each beneficiary gets a different amount depending on his or her work history.
The maximum check for age-based retirees is $4,873, but it is mandatory to maximize the check during the time as a worker in order to reach that figure. For Disability payments, the payment can be as high as $3,822.
Be that as it may, the important thing is to get the payment this coming May 22nd. In the event that we do not get the payment on that day it means that we belong to a different group. If so, the payment should already be in our checking account, since this payment will be the last of all payments within the Social Security retirement checks in May 2024.