In the United States of America, the Social Security Administration (SSA) continues to distribute contributions to its users this year.
The SSA is also in charge of distributing Supplemental Security Income (SSI) money to Americans with different disabilities.
In the month of January of the current 2023, the SSA reported that the average salary of retired Americans increased to $1827.00 USD. This is due to the increase in the cost of living adjustment (COLA) to 8.7%.
The SSA also reported that citizens who retire at age 62 have an income of $2,572.00 USD. The authorities consider that the optimal age for the work break is 67 years and with this time $3627.00 USD is charged.
People who take a break from professional tasks at 70 years of age or older, are entitled to receive $4,555.00 USD. The standard SSI contribution is $600.00 USD and the highest payment reaches $914.00 USD.
The days to collect
A married couple that depends on SSI can jointly collect up to $1,371.00 USD. The population benefiting from SSI obtains the dollars on the first or last days of each month, depending on whether the first is a weekend.
Retirees who began to collect their Social Security salary prior to May 1997, collect 3 per month every day. Other users collect salaries depending on their dates of birth.
Those who have a life anniversary from the 1st to the 10th of each month can make payments on the second Wednesday. Those who have the day of their birth between 11 and 20, acquire the remuneration on the third Wednesday. The beneficiaries, whose birthdays are from 21 to 31, receive monthly payments on the fourth Wednesday.
