Social Security update: Third round of March payments worth $4,873 goes out in two days

The final round of March’s three Social Security payments, worth up to $4,873 for the biggest income earners who retire at 70, will go out to the third group of retirees in two days.

The payment will go out to beneficiaries on Wednesday for those born on or after the 21st of their birth month, according to the Social Security Administration’s calendar. 

The maximum amount retirees can receive depends on certain factors, such as their age at the time of retirement, the amount they paid into Social Security, and the number of years they paid into the program. However, the age of retirement is the biggest factor.

The highest amount a senior who retires at 70 can get is $4,873 per month. If people retire at the Read more…

Please follow and like us: