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$2,400 will Be Sent to American Seniors, When Will It Be Sent?

New payment
New payment for American seniors. (Photo: Getty)

American seniors are about to receive an additional amount of $2,400 annually in Social Security Checks if the Biden administration pushes for its proposal.

New payment

New payment for American seniors. (Photo: Getty)

$2,400 for American Seniors

American seniors in the country are receiving $1,800 in monthly payments from Social Security Checks, but the Biden administration has a proposal to make it $2,000 to combat the rising inflation rate. This will cost them an additional $2,400.

In a published article in MARCA, Pres. Joe Biden said that he would release a comprehensive explanation of the plan. This is part of the government’s commitment to helping American seniors combat financial challenges and the rising inflation rate.

READ ALSO: Up To $1,300 In One-Time Tax Rebates Were Sent To Minnesotans, Gov. Walz Releases A Statement

Timeline the Money Will Be Sent

This is the timeline for when the money will be sent out to American citizens:

  • December 1: Payment for those who have been receiving Social Security Disability Insurance (SSDI) since before May 1997.
  • December 13: SSDI payment for those with birthdays falling between the first and tenth of any month.
  • December 20: SSDI payment for those with birthdays falling between the eleventh and twentieth day of any month.
  • December 27: SSDI payment for those with birthdays falling between the twenty-first and thirty-first day of any month.

Furthermore, the Biden administration is still finalizing its plan and needs to make sure that the bill will pass the U.S. Congress and Senate.

READ ALSO: Stimulus Check Update: $1,312 In Direct Payment Were Sent To Eligible Residents In Alaska

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