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Get Ready for $1,801 Payment; Social Security 2023 August Schedule Released!

Get Ready for $1,801 Payment; Social Security 2023 August Schedule Released! (Photo: iStock)
Get Ready for $1,801 Payment; Social Security 2023 August Schedule Released! (Photo: iStock)

Millions of Americans have already received their last Social Security 2023 check for the month of July, and the next round of payments is scheduled to go out in just two weeks.

Social Security 2023 August Schedule Released! (Photo: US Sun)

Social Security 2023 August Schedule Released! (Photo: US Sun)

Social Security 2023 August Schedule

For those individuals who were born between the 21st and 31st of the month, their usual Social Security 2023 payment was delivered on the 26th as per the regular schedule.

However, for recipients with birthdays falling between the first and 10th of the month, their Social Security 2023 checks are distributed on the second Wednesday of each month. This means that the next payment is set to go out on August 9th.

Social Security 2023 checks are processed on the third Wednesday of each month for recipients born between the 11th and 20th of the month.

According to the U.S. Sun, with these updates in place, millions of Americans can expect their next Social Security 2023 payment to arrive according to the designated schedule. These funds can significantly aid recipients in meeting their financial needs and improving their quality of life.

READ ALSO: Illinois SNAP Payment August Schedule Released: Find Out When Your Benefits Arrive!

How Much is the August Social Security 2023 Payment?

This year, Social Security 2023 recipients will be benefiting from an 8.7 percent cost-of-living adjustment (COLA).

The maximum monthly benefit has been raised to $4,555, providing much-needed assistance to eligible individuals.

On average, Social Security 2023 beneficiaries are receiving a check of approximately $1,827.

READ ALSO: Americans Direct Payments Has Started Accepting Its First Monthly Payment Of $500 Starting Today

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