$1900 for These Social Security Beneficiaries: For the recipients of the Social Security program, the Social Security Administration (SSA) issues new checks every Wednesday. Social Security distributes 70 million payments every month to its beneficiaries, which include retired workers and people with disabilities receiving Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).
A beneficiary’s date of birth determines the amount of payments, while various factors determine the exact amount. Retirees are considered based on the number of years they worked, the salary they received, and the amount of taxes they paid to the insurance company during their working life.
The age at which the beneficiary requests retirement is also taken into account.
March’s Social Security amounts
The SSA has different estimates based on the category of beneficiaries to which one belongs, even though each situation is different. A retired worker will receive an average monthly check of $1,907 in 2024, while couples filing jointly will receive an average monthly check of $3,303.
Individuals who receive SSI receive approximately $943 per month, while couples receive approximately $1,415 per month.
Those who receive SSDI receive approximately $1,537 per month and couples receive approximately $2,720 per month.
What is the process of payment distribution?
The retired workers born between the 1st and 10th receive their money on the second Wednesday of the month, those born between the 11th and 20th receive it on the third Wednesday, and those born between the 21st and 31st receive it on the last Wednesday of the month.
Those who retired before May 1997 and those who qualify for disability benefits do not fall into the previous scheme, since they receive their payments on the first of the month, regardless of their date of birth.
These are the Social Security beneficiaries who will receive $1,900 on March 20
Following the payment schedule and considering the average amounts, the beneficiaries who will receive an approximate check of $1,900 on Wednesday, March 20, will be retired workers with a date of birth between the 10th and the 21st. Beneficiaries born between the 21st and 31st of March will receive the last payment of the month on March 27.
