The final group of retired seniors will receive the last wave of September Social Security payments in just under one week, which are worth up to $4,555 for those who retired at the age of 70.
The disbursements are part of three Social Security payments for the month, with Wednesday’s payments being for people born on or after the 21st of a month. The second payment was released on Wednesday.
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A separate group of retirees, which consists of seniors who receive both Supplemental Security Income and Social Security benefits, senior citizens who retired before 1997, and retirees who live outside of the country, received their payments on Sept. 7.
The maximum amount each retiree can receive depends on key factors, such as the person’s age at retirement, how much they paid into Social Security, and how many years they paid into the program.
The age at which recipients choose to retire is one of the biggest considerations. Retiring at the youngest age of 62 allows …
Social Security update: Third round of direct payments worth up to $4,555 to arrive in six days
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