First round of June Social Security payments goes out in three days
The first round of June Social Security payments will be issued in three days, with retirees born on or before the 10th receiving their payments on June 10. Subsequent payments will be distributed on June 17 and June 24 for other birth dates. Payment amounts vary based on retirement age and contributions, with maximum benefits reaching up to $5,181 per month.
- ▪The first round of June Social Security payments will be issued on June 10.
- ▪Payments are capped at $5,181 for retirees.
- ▪Social Security is financed by a payroll tax paid by employers and employees.
Opening excerpt (first ~120 words) tap to expand
The first round of June Social Security payments for retirees, now capped at $5,181, will be issued in three days. When will payments arrive? Retirees born on or before the 10th of a month will receive this payment on June 10. Recommended Stories Graham Platner fires back at Fetterman: ‘It’s not the hoodie, dude’ July Social Security direct payment worth $994 goes out in 25 days First round of June Social Security payments goes out in four days The second round will go out on June 17 to those born between the 11th and 20th of a month, and the third round will go out on June 24 to those born on or after the 21st of a month. When am I eligible? Citizens are eligible for Social Security payments beginning at age 62.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
Discussion
0 commentsMore from Washington Examiner
