Select Social Security beneficiaries will receive their monthly payment, worth an average of $1,546 per check, in nine days.
Social Security recipients born from the 1st through 10th of their birth month will receive their regular monthly payments on Oct. 12, per the Social Security Administration.
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Benefit payments range from $377.35 to $1,672, depending on the status of the beneficiary. Retired workers can earn payments as high as $1,682 a month depending on income level, according to the SSA.
The regular Social Security payment differs from other payments from the Social Security Administration, such as disability insurance or Supplemental Security Income.
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Regular Social Security payments are based on earnings throughout a person’s lifetime and have no limits based on income or resources. Analysts estimate Social Security insolvency may occur as early as 2034 unless action is taken by Congress.
