Social Security Starts September Payments Sept. 9, With Checks Capped at $5,181
Updated
Updated · Washington Examiner · Sep 5
Social Security Starts September Payments Sept. 9, With Checks Capped at $5,181
2 articles · Updated · Washington Examiner · Sep 5
Summary
Sept. 9 marks the first September Social Security payment date for retirees born on or before the 10th of any month.
Sept. 16 and Sept. 23 are the next two payment dates, covering beneficiaries born between the 11th and 20th, and on or after the 21st.
Age 62 is the earliest eligibility point, with monthly benefits reaching up to $2,969 at that age and up to $5,181 for retirees who claim at 70.
2032 is when the retirement trust fund is projected to be depleted unless Congress acts, as payroll-tax financing faces pressure from more retirees and a smaller workforce.