politics
Second Round of July Social Security Payments Set for July 15
Retirees born between the 11th and 20th of any month will receive their July payments on July 15. The maximum monthly amount reaches $5,181 for those retiring at age 70.
Jul 12, 6:00 AM·1m read1 source
Washington ExaminerAudio version
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The second round of July Social Security payments will be issued on July 15, Washington Examiner reported. Retirees born between the 11th and 20th of a month qualify for this distribution. The first round went out on July 8 to those born on or before the 10th of a month.
The third round is scheduled for July 22 for retirees born on or after the 21st of a month. Citizens become eligible for payments at age 62. A beneficiary retiring at the youngest eligible age could receive up to $2,969 per month.
A 70-year-old retiree could receive up to $5,181 per month, according to the Social Security Administration. Social Security is financed by a payroll tax paid by employers and employees.
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