Social Security Beneficiaries to Receive up to $4,194 Retirement Payment

Many Social Security beneficiaries anticipate receiving a retirement payment of up to $4,194 on Wednesday. Selected recipients will typically receive payments of about $1,657, but checks could theoretically be as high as $4,194 depending on one’s status.

Retirement Payment is Coming on Wednesday

Seniors will start receiving their Social Security checks tomorrow, with payments up to $4,194. The Social Security Administration’s (SSA) monthly retirement benefits are distributed in waves of three, with the first payment being made on the second Wednesday of the month and subsequent payments being made weekly. Actual payments depend on several variables, including the participant’s retirement date and cumulative contributions to the program.

The second installment of December’s payments will be made tomorrow; the first, for recipients born between the first and tenth of their birth months, was distributed on Dec.  14. According to the SSA calendar for payments, the third round of payments will be made on Dec.  28 to seniors born on the 21st through the 31st of a month, a source posted. 

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SS Retirement Payment Eligibility

A recipient must be 62 years of age or older, disabled or blind, and have enough work credits to be eligible for Social Security benefits based on their earnings record age.

Family members without a work history who are eligible for benefits do not require work credits. They must be a U.S. citizen or an alien with legal presence in the country, though, if they submit an application on or after December 1, 1996. The family members listed below may be eligible for benefits based on their employment history.

To qualify as a beneficiary spouse, a person must be 62 or older, divorced from the recipient. The spouse who was divorced may be eligible for benefits if they were married for at least 10 years before the divorce, have been legally separated for at least two years, are over the age of 62, have enough work credits to receive Social Security benefits, but have not yet filed a claim.