The Social Security Administration (SSA) is sending out June benefits for retired workers, Supplemental Security Income (SSI), as well as disability and survivor payments.
June payments have already started; however, certain beneficiaries have yet to receive their monthly check. Here’s a rundown of how much money is being sent and who will receive it on June 14.
Social Security Checks: Amounts in 2023
This 2023, thanks to the 8.7% increase in the COLA, average retiree payments are just over $1,800, the SSA revealed in January. Meanwhile, the maximum benefit for those retiring at age 62 is $2,572 per month; $3,627 for workers retiring at full retirement age (67) and $4,555 for those who retire at age 70 or later.
On the other hand, average payments for Supplemental Security Income (SSI) recipients are around $600. As for the maximum monthly SSI benefit, it is up to $914 for an individual and $1,371 for a married couple where both spouses are eligible for the program.
$1,800 Social Security Payments on June 14: Who Will Get It?
Depending on the schedule, Supplemental Security Income (SSI) payments are generally sent on the first day of each month. On the other hand, On the 3rd of every month, SSA sends the money to those who began receiving their Social Security payments before May 1997. All other Social Security checks are sent based on recipients’ birthdays:
June Social Security Checks: Mailing Dates
On June 1, SSA mailed payments to Supplemental Security Income (SSI) recipients, while on June 2 it mailed checks to recipients who began receiving their payments before May 1997.
As for the remaining June payments, these are the shipping dates:
Supplemental Security Income (SSI) recipients will receive two payments in June
SSA sent the first SSI payment on June 1, but recipients will receive a second check on June 30. This is because the first day of July is a Saturday, so the payment for that month is sent the Friday before. That means in June, SSI recipients will receive two payments, but in July they will receive none.