This week’s payments can only be for retirement and SSDI (Social Security Disability Insurance). If you are retired, you need to meet 2 conditions to collect this monthly payment.
The maximum benefit is $4,873 if you have earned the taxable maximum for 35 years, filed at 70 and have paid enough taxes. However, average and lower than average payments are frequent.
| Important links |
|---|
| More News |
| PAYMENTS |
| stimulus checks |
| Social Security COLA |
Social Security and the next payment date in June
June 26 will be the last payday for American seniors on retirement benefits. To be eligible, you must have been on benefits after April 30, 1997. If you started before May 1997, your next payday will be July 3 instead.
The second condition to get Social Security retirement benefits on June 26 is to have your birthday from the 21st to the 31st. Therefore, if your birth date is before those days, you do not qualify.
As a matter of fact, most payments will be delivered on time. Nevertheless, if you do not receive it on time, you should wait for three mailing days before you call Social Security. Call your bank or financial institution if your money is not ready on June 26.
June 26 and the Social Security retirement benefit amounts
As of May 2024, the average retirement benefit is worth about $1,916.63. It has kept increasing since it was about $1,907 as of January 2024. Therefore, it has increased by almost 10 dollars in just 4 months.
Spouses of retired workers may also be eligible for monthly payments. Currently, their average payment is worth $910.97. Children of retired workers who get benefits on their record get an average payment of about 893.89 dollars.
If you are on SSDI (Social Security Disability Insurance), you may also get a payment on June 26. The requirements are the same as for retirement but they must have a qualifying disability too. Their average SSDI check is worth $1,537.