$4,555 goes out today - and your birthday qualifies you
Social Security checks worth up to $4,555 are being mailed to
millions of Americans today, depending on their birthday.
The cost-of-living adjustment (COLA) increased by 8.7 percent,
Making direct payment amounts seem higher than in years past.
As a result of this increase, the average benefit has increased to
$1,827 per month, with the maximum amount set at $4,555 per month.
It is based on your birthday when you receive Social Security retirement
Benefits, with payments made three Wednesdays a month.
Those who started receiving Social Security Disability Insurance
(SSDI) benefits after 1997 are also affected.
As of last Wednesday, those whose birth dates fall between the first and
tenth of any given month had already received their benefits.
Today, those whose birthdays fall on or between November 11 and
December 20 will receive a retirement benefit of $4,555 from Social Security.
Those with remaining birth dates between 21 and 31 of
any given month will receive their payments on January 25.
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