Summary
Millions of Americans will receive their Social Security payments this week despite the ongoing government shutdown, as the program is funded separately. These payments are important, as nearly 40 million people rely on them for at least half of their monthly income.
Key Facts
- Social Security payments will be sent this week to those with birthdays between the 21st and 31st.
- The government shutdown does not affect Social Security payments because it's funded separately.
- About 40 million Americans depend on Social Security for at least half of their monthly income.
- Social Security sends payments on different days based on the recipient's birthday and program details.
- The average monthly retirement benefit was about $2,006.69 as of July 2023.
- Payments differ based on age, with maximum benefits reaching $5,108 for those retiring at 70.
- If a payment is late, recipients should wait three business days before contacting the SSA.
- The Supplemental Security Income program provides monthly help to low-income seniors and people with disabilities.
