The Social Security Benefit Payment for all citizens of the State of California arrives in bank accounts today. The Administration will send all retirees in California, this United States State, benefits of up to $4,194. To receive it today you only need to meet two requirements. The first of these requirements is related to date of birth. The second requirement is directly related to the system of payments. Therefore, by belonging to the third group that receives money from Social Security each month and having the Direct Deposit payment system activated, any Californian will have his or her money available today.
The Social Security Administration has a fixed schedule to know exactly when the subsidy payments are due. The payments are always divided into three different groups and the last of these groups receives the benefit today. In addition to this, the requirements for knowing which day each person receives the benefit are quite easy to understand. You just need to know the day of the birthday. Thus, the first group is for those born between the 1st and 10th of the month. On the other hand, people with birthdays between the 11th and 20th belong to the second group. Finally, the third group, which is the one that charges today, is for people born between the 21st and 31st.
Today is October 26th and it is for people in the third group mentioned above. If you are in that group, you will receive your benefit today. Also, it’s not just for people in California, it’s for all citizens of the United States. It doesn’t matter where you live, the only important thing is the day of your birthday and, in addition, having an accepted benefit. Those are the two main requirements. In addition, we must have Direct Deposit activated in order to receive the money on the same day of the Social Security payment.
How to get $4,194 Social Security in State of California?
The Social Security maximum is $4,194 per month for all Americans, regardless of the state in which you live. To get to this maximum, the important thing is to follow three basic tips:
- Work for 35 years. If you work less, each year not worked adds $0 to our Social Security average.
- Earn a good salary. The higher your salary, the higher your retirement benefit. The taxes you pay as a worker directly affect your final benefit.
- Retire at age 70. Delay your retirement age as much as possible. The later you start collecting, the more money you will receive per month.
If you have already started collecting Social Security, there is no way to increase your monthly payment. Despite this, the COLA will cause your subsidy to increase by 8.7% starting January 2023.