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Understanding Social Security Payments In 2024 - Education - Nairaland

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Understanding Social Security Payments In 2024 by Shuvo360(m): 9:11am On May 13
Social Security Benefits Eligibility and Payment Schedule

• Three primary Social Security programs: Retirement Benefits, Survivor Benefits, and Disability Benefits.
• Eligibility for benefits depends on age, employment background, and type of benefit.
• Average benefit in 2024: $1,900 for retirees, $1,505 for survivors, and $1,537 for disabled individuals.
• Maximum monthly payout for disability and retirement benefits: $3,822.
• Payment dates vary based on birth month: payments due on the second Wednesday of the first to tenth month, third Wednesday of the 11th to 20th month, and fourth Wednesday of the 21st to 31st month.
• Payments due on Wednesday, 15th May, and May 22, 2024.

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