20/01/2025
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06:40
CSTSocial Security payments are a vital source of income for millions of Americans, especially retirees, disabled individuals, and their dependents. As we enter a new week under the Trump administration, many are wondering who will receive their first Social Security check of $1,976. Understanding the payment schedule and eligibility criteria is key to anticipating when your check will arrive.The Social Security Administration (SSA) disburses payments on a staggered schedule based on the recipient’s date of birth. Here’s how the system works:If your birth date falls between the 1st and 10th of the month, you’ll receive your payment on the second Wednesday of the month.If your birth date is between the 11th and 20th, your payment will arrive on the third Wednesday.For those born between the 21st and 31st, payments are sent out on the fourth Wednesday of the month.This week, individuals whose birth dates fall between the 11th and 20th will receive their checks on Wednesday. If you fall into this category, you can expect to see the $1,976 payment hit your bank account or arrive in the mail, depending on your chosen method of delivery.The amount of your Social Security benefit depends on several factors, including your earnings history, the age at which you begin collecting benefits, and whether any adjustments apply. For 2025, the maximum benefit for someone retiring at full retirement age is $3,627. However, most recipients receive an average monthly payment closer to $1,976.The specific amount each recipient receives is calculated using a formula based on your 35 highest-earning years. If you delay claiming benefits beyond your full retirement age (typically 66 or 67, depending on your birth year), your monthly payment increases by up to 8% annually until you reach age 70. Conversely, claiming benefits early reduces your payment.