The final round of Social Security's three retirement payments in August, worth up to $4,555 for seniors who delay their retirement until age 70, will be sent to millions of retirees in four days.
div id="Brid_92119353" class="brid" style="width:16; height:9;" itemprop="video" itemscope itemtype="http://schema.org/VideoObject">
The third round of August's payments will be disbursed to eligible seniors born after the 21st of the month on Aug. 23. It comes a week after the second round was sent out on Wednesday. The second round went to people born between the 11th and 20th of the month. The first checks were released on Aug. 9 and went to those born between the first and the 10th of the month.
The maximum payments for each retiree depend on certain factors, such as age at retirement, how long he or she has paid into Social Security, and how much money was paid into the program during those years he or she worked.The earliest age one can receive Social Security retirement benefits is 62, and these recipients get the lowest maximum payment, which is worth up to $2,572 each month.
The long-term future of Social Security is still uncertain. Changes to Social Security can affect how much money future retirees receive and how those disbursements would work if Congress does not settle on funding for the program before the Social Security trust runs out in 2034, experts have warned. But people already on Social Security would not be affected by any changes.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
What if Social Security didn't exist?An appreciation of the role it plays in retirement finance
Weiterlesen »
Social Security update: Why people may get lower 2024 paymentsA new survey found that 45 percent of respondents on Social Security said that 90 percent or more of their incomes were dependent on that money.
Weiterlesen »
The Social Security scams targeting AmericansA record-breaking increase in Social Security benefits has caused a surge in related online scams, authorities said.
Weiterlesen »
National security agencies are warning space companies about potential security threats.The New York Times reports that the National Counterintelligence and Security Center, FBI, and Air Force have issued a “broad warning” to firms like SpaceX and Blue Origin saying to look out for foreign actors, like Chinese and Russian intelligence agencies, who they believe are trying to infiltrate their networks and steal data. The report notes that in 2020, the United Launch Alliance said a Chinese firm attempted to infiltrate its supply chain, and last year the Russian military reportedly hacked into Viasat satellites.
Weiterlesen »
Here's Who Will Direct Each 'Ahsoka' Season 1 EpisodeA familiar face will be taking charge of the series finale of the show, created by Dave Filoni.
Weiterlesen »