Social Security beneficiaries to receive $1,900 on July 17: Find out if you are one of them
The Social Security Administration is preparing for the month’s next round of checks. Find out if you are one of those who will receive $1,900 on July 17.
The Social Security Administration (SSA) distributes millions of payments each month to beneficiaries of its various programs. These payments are primarily intended for retired workers, but also include people enrolled in Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI).
The payment date is determined by the beneficiary’s day of birth. Recipients born between the 1st and 10th get their payment on the second Wednesday of the month. Those born between the 11th and 20th do so on the third Wednesday, and those born from the 21st to the 31st have their check sent on the fourth Wednesday of the month.
Those who retired before May 1997 and SSI beneficiaries, however, receive their checks at the beginning of each month, regardless of their date of birth.
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How Social Security payments are computed
The amount you receive varies depending on several factors. For retired workers, the SSA takes into account the number of years worked, taxes paid to Social Security, and retirement age, among other aspects. Although each situation is unique, the agency provides official estimates of monthly check amounts.
According to official SSA data, the average monthly payment for a retiree in 2024 is $1,907 for individuals and $3,303 for couples filing jointly. Those who receive payments from SSI get an average check of $943 per month for individuals and $1,415 for couples.
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Social Security beneficiaries to receive $1,900 on July 17: Find out if you are one of them
On Wednesday, July 17, beneficiaries born between the 11th and 20th of the month will receive an average payment of $1,900 from Social Security. After this, there will only be one payment left for the rest of the month and it will be sent out on July 24 for recipients born between the 21st and 31st of the month.
It is important to mention that these amounts are approximate and the exact payment may vary depending on different factors, including retirement age. For example, those who retired at age 62 can receive up to $2,710 a month, while those who waited until age 65 are eligible for up to $3,426. Those who delayed retirement at age 66 can get up to $3,652 and those who waited until age 70 can receive a maximum payment of up to $4,873.
It is recommended that Social Security beneficiaries be aware of their payment dates, in addition to having their information updated to ensure correct receipt of benefits. For more information, visit the official SSA website.