This is what Social Security beneficiaries will receive

This is what Social Security beneficiaries will receive

The Social Security Administration (SSA) reports that this Wednesday, July 3, payment will be made to a group of retirees and beneficiaries of Social Security Disability Insurance (SSDI).

It is estimated that around 7.5 million people will receive their deposits or checks on this date.

Who will receive the payment?

  • Retirees who retired before May 1997.
  • Survivors of former Social Security workers.
  • Social Security Disability Insurance (SSDI) Recipients.

Retirement is an important stage in life, and Social Security can help ensure you have the income you need to live comfortably.

It is important to know your rights and plan ahead for retirement.

Considerations

The average pension payment for a retiree is US$1,907. The amount each person receives varies depending on their retirement age and the contributions made during their working life.

Read also: USA: Countries you should not enter if you don’t want to lose your visa

Disability Insurance recipients receive an amount based on their disability and past earnings.

For more information visit the SSA website:

With information from Gestión Perú.

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2024-07-02 22:48:54

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