$1672 Worth New Round Of Automatic Checks In 2 days: Who’ll Receive?
If you are a Social Security claimant with a birthdate between the 11th and 20th of the month, your payment should arrive on Wednesday, November 16.
Social Security benefits are paid out on the third Wednesday of each month, based on your birthday.
The amount of your Social Security payments is determined by your record of covered wages.
When Social Security payments go out
Your wages are determined by your greatest 35 years of earnings and may vary depending on how much you earn and when you opt to begin receiving benefits.
If you were born between 1943 and 1954, your full retirement age is 66. If you were born between 1955 and 1960, your full retirement age will steadily rise until it reaches 67.
For those born after 1960, full retirement benefits begin at age 67. You can check your eligibility and submit an application online.The year's payment schedule is here.
Wednesday, November 9
Wednesday, November 16
Wednesday, November 23
Wednesday, December 14
Wednesday, December 21
Wednesday, December 28
The Social Security administration released the 2023 Cost of Living Adjustment (COLA) earlier this month, which will increase beneficiary payments by 8.7%, the biggest rise since 1981