The Social Security Administration (SSA) June Payments
The Social Security Administration (SSA) has already started sending out its monthly payments for June which includes retired workers, Supplemental Security Income (SSI), as well as disability and survivor payments. However, some beneficiaries may have not received their monthly check. In this article, we will discuss the amount of money that is sent and who will be receiving it on June 14.
Social Security Checks: Amounts in 2023
For 2023, the average payments of retirees are just over $1,800 which is due to the 8.7% increase in the Cost of Living Adjustment (COLA). The maximum benefit for those who retire at age 62 is $2,572 a month, while those who retire at full retirement age (67) have a maximum benefit of $3,627 per month. For those who retire at the age of 70 or later, the maximum benefit is $4,555.
On the other hand, the average payments for SSI recipients are around $600, and the maximum monthly SSI benefit is up to $914 for an individual and $1,371 for a married couple where both spouses are eligible for the program.
Payments of $1,800 Social Security Dollars on June 14: Who Will Receive It?
According to the SSA schedule, Supplemental Security Income payments (SSI) are sent on the first day of every month. On the other hand, the SSA sends money to those who began receiving their Social Security payments before May 1997 on the 3rd of every month. The rest of the Social Security checks are sent based on the birthday of the beneficiaries.
Retirees with a date of birth between the 1st and 10th will receive their checks on the second Wednesday of the month, those born between the 11th and 20th will receive their checks on the third Wednesday of the month. Retirees born between the 21st and 31st will receive their checks on the fourth Wednesday of the month.
June Social Security Checks: Mailing Dates
On June 1, SSA mailed payments to Supplemental Security Income (SSI) recipients, while on June 2 it mailed checks to recipients who began receiving their payments before May 1997. The SSA will be mailing the remaining June payments on the following dates:
- June 14: Beneficiaries with a date of birth between 1 and 10
- June 21: Beneficiaries with a date of birth between 11 and 20
- June 28: Beneficiaries with a date of birth between June 21 and 31
- June 30: SSI recipients (July payment)
Supplemental Security Income (SSI) Recipients Will Receive Two Payments in June
SSI recipients will receive two payments in June as the SSA sent the first SSI payment on June 1, and the second check will be sent on June 30. The reason for the two payments is that the first day of July is a Saturday, and payment for that month is sent on the Friday before. Therefore, SSI recipients will receive two payments in June, but no payments in July.
We hope this article has helped with understanding the payments of the Social Security Administration for June and the mailing dates for the beneficiaries.