Millions of Social Security beneficiaries will receive the last batch of payments for the month of April worth up to $4,555. But who will receive them?
Like every month, Social Security earnings are made automatically for three Wednesdays, which will depend on your date of birth. To find out which day you will collect, read on.
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On the last Wednesday of the month, those born between the 21st and 31st of any month will receive their Social Security pension on April 26th.
Social Security Payments in April
For those who do not meet these dates, you should have been paid on the following dates:
Born from the 1st to the 11th of the month – April 12.
Born from the 11th to the 20th of the month – April 19
It is worth remembering that during 2023, payments increased by 8.7% thanks to the cost of living adjustment, better known as COLA.
According to GoBankingRates, the Senior League forecasts a much lower COLA in 2024, based on the 12-month average rate of declining inflation.