Social Security will send two more payments in July

The Social Security Administration (SSA) has informed retirees about the last two payments that will be made in July.

If you were not eligible for the July 3 and July 10 payments, you may receive one of the following if you receive U.S. retirement benefits.

The main requirements to receive one of the two Social Security payments are:

–Having requested and obtained SSA approval
–Not receiving SSI
–Not being in profit before May 1997
–Meet the date of birth condition

Birthday requirements for payment of July 17, 2024

Some retirees will receive their payment from the Administration on July 17.

Please note that only those whose birth date is between the 11th and 20th of any month of the year will receive money on July 17.

If your birthday falls between the 1st and 10th of any month of the year, your payment was already made on July 10th.

Therefore, you will not receive a new Social Security payment until August 14, 2024.

The average payout for retirees is $1,916, regardless of payday.

So, if you qualify for an average check or direct deposit, that will be the amount of your next payment.

Birthday requirements for payment of July 24, 2024

To receive money from the Administration on July 24, you must have been born between the 21st and the 31st. It does not matter what month or year you were born.

The important thing is that you have applied for Social Security and obtained approval.

In fact, this will be the last chance for retirees to receive money in July.

The first payment in August will be made on the 2nd and will be for those receiving SSI and Social Security, and for those who received benefits before May 1997.

The maximum benefit payment for retirees will be $4,873 in 2024.

This is the maximum amount if you applied at age 70.

Applying early at age 62 means you can only get up to $2,710.

Keep reading:
–Social Security announces changes in access to online services
– Social Security: conditions to receive $4,873 per month
– Social Security: those born on these dates will receive $1,900 on average