{"id":1944214,"date":"2023-06-05T10:16:02","date_gmt":"2023-06-05T14:16:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/social-security-update-direct-payment-worth-up-to-4555-goes-out-to-millions-in-nine-days\/"},"modified":"2023-06-05T10:17:31","modified_gmt":"2023-06-05T14:17:31","slug":"social-security-update-direct-payment-worth-up-to-4555-goes-out-to-millions-in-nine-days","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/social-security-update-direct-payment-worth-up-to-4555-goes-out-to-millions-in-nine-days\/","title":{"rendered":"Millions to receive up to $4,555 in direct Social Security payment in nine days."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsocial-security-update-direct-payment-worth-up-to-4555-goes-out-to-millions-in-nine-days%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1944214&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Get Ready for Your Social Security Payment!<\/h2>\n<blockquote><p>The first round of June&#8217;s three Social Security payments, worth up to $4,555, will be disbursed to millions of retirees in less than two weeks, according to the Social Security Administration&#8217;s schedule.<\/p><\/blockquote>\n<h3>When Will You Get Your Payment?<\/h3>\n<p>The payment will be released on June 14, the second Wednesday of the month, and will be sent to people born between the first and 10th of each month. The monthly payments are disbursed on the second, third, and fourth Wednesdays of each month.<\/p>\n<p>The second distribution will go to retirees one week later, on June 21, and will go to those born between the 11th and 20th of the month. The final wave will go out on June 28, the final Wednesday of the month, to those born after the 21st of a month.<\/p>\n<h3>How Much Will You Receive?<\/h3>\n<p>The amount of money each <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/social-security-update-direct-payment-worth-up-to-4555-goes-out-to-millions-in-nine-days\/\" title=\"Millions to receive up to ,555 in direct Social Security payment in nine days.\">beneficiary receives differs depending<\/a> on his or her age at retirement. Recipients who retire at 62 get <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/more-americans-than-ever-will-use-buy-now-pay-later-plans-for-holiday-purchases\/\" title=\"More Americans Than Ever Will Use \u2018Buy Now, Pay Later\u2019 Plans For Holiday Purchases\">monthly installments<\/a> of up to $2,572, those who retire at 67 receive a maximum payment of $3,627, and those who delay retirement until 70 get the highest amount of a maximum of $4,555 per month, according to the SSA.<\/p>\n<h3>What&#8217;s the Future of Social Security?<\/h3>\n<p>Recipients could see a decrease in their payments in the future if Congress does not figure out how to fund the program within a decade. Discussions on the future of Social Security have occurred in Congress for years, but experts have warned that the program could be insolvent in 10 years if nothing is done.<\/p>\n<p>Social Security recipients could see a cost-of-living adjustment of just 3.1% next year, which would be a significant dip from the 8.7% they received for 2023. The annual cost-of-living adjustment is the yearly increase in the monthly installments based on the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/manchin-every-senator-thinks-minimum-wage-should-be-increased\/\" title=\"Manchin: Every Senator Thinks Minimum Wage Should Be Increased\">consumer price index<\/a> for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mlb-cancels-opening-day-after-sides-fail-to-end-lockout\/\" title=\"MLB Cancels Opening Day After Sides Fail to End Lockout\">urban wage earners<\/a> and clerical workers.<\/p>\n<p>The current age of retirement in the United States is 67, but some lawmakers have proposed raising the age of retirement to 70.<\/p>\n<p>Don&#8217;t miss out on your Social Security payment! Check your bank account on June 14, 21, and 28 to see if your payment has arrived.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1st and 10th of the month. Retirees can expect to receive up to $4,555 in the first round of June&#8217;s Social Security payments, which will be disbursed on June 14 to those born between the 1st and 10th of the month.<\/p>\n","protected":false},"author":1,"featured_media":1944215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[20644,4525,15350,4961,10848,5563,3646,5127],"class_list":["post-1944214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-20644","tag-days","tag-direct","tag-millions","tag-payment","tag-receive","tag-security","tag-social"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1944214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1944214"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1944214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1944215"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1944214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1944214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1944214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}