Black Section Separator

Social Security Update: 3 Days For $4194

Image Source: freepik.com

Black Section Separator

Image Source: freepik.com

In the next 3 days, recipients will begin receiving the first Social Security retirement payments of 2023, which could total up to $4,194.

Black Section Separator

Image Source: freepik.com

Several variables, including the recipient's decision over when to retire and begin receiving Social Security payments, will affect the exact amount.

Black Section Separator

Image Source: freepik.com

According to Social Security Administration (SSA), to get the highest payment of $4,194, a person must have retired at the age of 70.

Black Section Separator

Image Source: freepik.com

According to SSA, maximum payment of $3,345 will be given to recipients who retired at age 67.

Black Section Separator

Image Source: freepik.com

According to the SSA, anyone retiring at the age of 62 will get up to $2,364 each month.

Black Section Separator

Image Source: freepik.com

Every month, the SSA will start disbursing retirement benefits on the second Wednesday and finish with the third payment on the fourth Wednesday.

Black Section Separator

Image Source: freepik.com

According to the administration's calendar, the payments due to be distributed on January 11 will go to individuals who were born between the first and tenth of a given month.