In fact, the Social Security Administration is ready to open the tap for the next installment of its usual monthly payments on Wednesday, August 13. Those eligible to benefit from the cash may take home amounts exceeding $5,108 but only if they meet the necessary requirements. Distribution this month includes two checks to beneficiaries qualified for Supplemental Security Income (SSI) as the SSA payment calendar’s stipulation for disbursement.
Who is Eligible for Maximum Benefit?
Eligibility requirements for the top-tier Social Security benefit of $5,108 are:
- Have worked and paid Social Security taxes for at least 35 years
- Maximum taxable earnings limit for most of those years
- Claim benefits at age 70 or later
Beneficiaries can check their benefit estimates, the dates of their next payments and their contribution history using My Social Security online.
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By the SSA, “In general, an amount to be used to compute the federal monthly maximums in 2025 would be $967 for an individual, $1,450 for an eligible individual with a spouse, and $484 for an important person. For the most part, monthly amounts are calculated by taking the unrounded annual amounts from the last year and adjusting them for January’s cost-of-living adjustment (COLA) which is then divided by 12 and rounded down to the nearest dollar.”
Payouts for August
The dates on which specific Social Security beneficiaries receive their benefits are determined by their birthday.
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1-10: Second Wednesday of the month (August 13) 11-20: Third Wednesday of the month (August 20) 21-31: Fourth Wednesday of the month (August 27) Each month for the last three Wednesdays, it will be distributed in this staggered way.
How Can Payments Be Collected?
Although they remain the fastest possible means of obtaining Social Security benefits, the delivery of paper checks may take longer, due to delays incurred in mailing them. Beneficiaries are to check the records with the bank and contact information, ensuring that everything is updated so as not to suffer interruptions.
The SSA recommends waiting three days from the scheduled payment date and then reaching out for assistance. For any issues, recipients can visit their nearest SSA office or call the helpline at 1-800-772-1213.
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