By Arlenys Tabare
This week, the Social Security Administration (SSA) will begin the second round of payments to retirees withdrawn after May 1997 as part of its schedule for the month of April.
More than 70 million older adults receive their retirement payments month after month; much depends solely on this benefit, so Social Security indicates the dates of distribution of the money so that they can be managed correctly until the next payment.
The entity divides the distribution of payments into three rounds depending on the day of birth of the retirees and for the month of April it was as follows:
- Wednesday, April 8: Born between the 1st and 10th of any month.
- Wednesday, April 15: Born between the 11th and 20th of any month.
- Wednesday, April 22: Born between the 21st and 31st of any month.
Regarding the amounts they obtain from their pension benefits, the entity also divides the payments into three different amounts depending on the age at which they make the withdrawal request:
- Retirees at age 62: $2,000.
- Retirees at age 65: $3,000.
- Retirees at age 70: $5,000.
To the elderly who If they request retirement early, 30% of the benefit is deducted every month, while those who postpone retirement until the maximum age receive more than 100% of the monthly benefit.
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