Social Security beneficiaries will receive the last payment corresponding to February on the 28th. The amount to be collected is $1900.00 USD and is essential financial aid for retirees and people with disabilities.
Social Security payments are issued each month. They depend on the day of birth of the beneficiaries. Those who saw the light between the 1st and the 10th receive the money on the second Wednesday of the month.
Meanwhile, those born between the 11th and 20th get paid on the third Wednesday. For closing, those whose birthdays are from 20 to 31 remain. Social Security remembers that retirees before May 1997 and beneficiaries of Supplemental Security Income (SSI) do not fall into the previous scheme. They charge the first days of the month, regardless of your date of birth.
February 28 payment
If we take into account the aforementioned schedule, on February 28th, beneficiaries born between the 20th and 31st will receive a check for $1900.00 USD. In this way, next Wednesday the Social Security payments corresponding to the month of February will conclude.
Following the COLA increase for 2024, the average payment for a retiree was set at $1,907.00 USD per month. Meanwhile, for couples the check increased to an average of $3,303 USD.
Meanwhile, SSI beneficiaries obtain, on average this year, $943.00 USD for individuals and $1,415 USD for couples. Those who collect SSDI receive $1,537 USD, and couples receive $2,720 USD.
For March, Social Security has already prepared its payment schedule. This is the official schedule.
-Friday, March 1: SSI recipients who retired before May 1997
-Wednesday 13: Beneficiaries with a date of birth between 1 and 10
-Wednesday 20: Beneficiaries with a date of birth between the 11th and the 20th
-Wednesday 27: Beneficiaries with a date of birth between the 21st and the 31st