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Jun 3, 2025  |  
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Misty Severi, Breaking News Reporter


NextImg:Social Security update: Direct payment worth up to $4,555 goes out to millions in 10 days

Millions of retirees will receive up to $4,555 from Social Security in just 10 days if they were born between the first and the 10th of the month.

The first wave of payments will go out on Aug. 9, followed by a second wave one week later on Aug. 16. The second payment will go to those born between the 11th and 20th of the month. The third will be sent out on Aug. 23 to those born after the 21st. Recipients just get one payment each month.

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There are also payments sent out on Aug. 3, to retirees who live outside of the United States, or to people that receive both Supplemental Security Income and Social Security benefits. Supplemental Security Income checks are released on the first of every month, and are separate from regular Social Security payments. Those who retired before 1997 also get a payment on this date.

The maximum amount of money each beneficiary can receive differs. Factors that affect how much each retiree receives include the age at which they retire, how long they have paid into the program, and how much money they pay into Social Security during those working years.

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Recipients who retire at the earliest age of 62 get the lowest maximum installment, which is worth up to $2,572 each month. People who retire at 67, considered the full retirement age, receive a maximum benefit of $3,627. Those who delay retirement until 70 get the highest maximum payment of up to $4,555 per month, according to the Social Security Administration.

The future of Social Security, including how the payments work and the amount individuals will receive, is still uncertain. But experts have warned that recipients could see a decrease in their payments in 2034 if Congress does not settle on funding for the program before the Social Security trust runs out. Those on Social Security now would not be affected by the changes.