Up to $4,555 worth of Social Security Checks in 2023 will be arriving on June 28. In this article, read and find out who qualifies to receive these payments this month!
Beneficiaries will receive the last of the three Social Security Checks in 2023 for the month of June in 5 days. The third batch of payments worth up to $4,555 will be distributed on June 28, the last Wednesday of the month. Furthermore, the recipients will be those born between the 21st and the 31st of a month.An article in CNET states that the first batch of payments was distributed on June 14 whose recipients were those born between the 1st and the 10th of a month. On the other hand, the second batch of payments was distributed on June 21 whose recipients were those born between the 11th and the 20th of a month.
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COLA in Social Security Checks in 2023
According to Severi, the maximum amount to be received in Social Security Checks in 2023 depend on a beneficiary’s age during retirement. Beneficiaries who retire at the age of 62 can receive monthly payments of up to $2,572, while those who retire at 67 can receive up to $3,627. On the other hand, beneficiaries who delay their retirement until the age of 70 can receive the highest amount of up to $4,555 per month.
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