Millions of Retirees to Receive New Social Security Checks This July

By Elena Cordelia

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Millions of retired workers, survivors, and disabled workers will receive their new Social Security checks in less than five days. On July 10, recipients of the Retirement, Survivors, and Disability Insurance (RSDI) program will get payments ranging from $1,537 to $4,873.

These amounts depend on factors like full retirement age, work history, and Social Security contributions. The recent 3.2% cost-of-living adjustment (COLA) also affects these payments. Let’s look at how these benefits are calculated and what you need to know about your Social Security checks this month.


Social Security Payment Details

Who Gets What?

The Social Security Administration (SSA) calculates different payment amounts for various beneficiaries:

  • Retired workers: Average $1,900 per month
  • Survivors: Average $1,505 per month
  • Social Security Disability Insurance (SSDI) recipients: Average $1,537 per month
  • Supplemental Security Income (SSI) recipients: Average $698 per month

Maximum Payments

The maximum Social Security checks vary depending on the type of benefit and the beneficiary’s circumstances:

  • Retirement payments:
    • Age 62: $2,710
    • Age 67: $3,822
    • Age 70: $4,873
  • Survivor payments:
    • Individual: $1,773
    • Two children: $3,653
  • SSDI payments:
    • Blind recipients: $2,590
    • Maximum payment: $3,822

Payment Dates

The SSA publishes an annual schedule with exact payment dates. For July, the payment dates are:

  • July 3rd: Recipients who claimed benefits before 1997
  • July 10th: Recipients born between the 1st and 10th
  • July 17th: Recipients born between the 11th and 20th
  • July 24th: Recipients born between the 21st and 31st

Applying for Social Security

To receive Social Security payments, you must apply for the program and meet certain income, resource, work history, or disability requirements. It’s a good idea to contact a financial advisor or SSA professional to help with the application process.


You can also open a Social Security account online to manage your application, check your payment amounts, download your financial statement, and request additional services.

Understanding your Social Security benefits and payment dates is crucial for managing your retirement income. By knowing the details of your payments and staying informed about changes like the COLA increase, you can better plan your finances. Always consult with a financial advisor or SSA professional to ensure you’re getting the most out of your benefits.


When will I receive my next Social Security check?

Payment dates vary based on your birth date and when you claimed benefits. Check the SSA schedule for exact dates.

How much will my Social Security check be?

The amount depends on your full retirement age, work history, and type of benefit. Average payments range from $698 to $4,873.


What is the COLA increase for this year?

The cost-of-living adjustment (COLA) for this year is 3.2%, which affects the amount of your Social Security check.

How do I apply for Social Security benefits?

You can apply online by opening a Social Security account or contact SSA professionals for help with the application process.


What factors determine my Social Security payment amount?

Factors include your full retirement age, work history, Social Security contributions, and type of disability (if applicable).


Disclaimer- We are committed to fair and transparent journalism. Our Journalists verify all details before publishing any news. For any issues with our content, please contact us via email. 

Elena Cordelia

Elena is a seasoned tax consultant with a decade of expertise in income tax management. Graduating with top honors in Finance, she embarked on a career journey focused on simplifying tax complexities. Elena's insightful articles on provide practical guidance to taxpayers.

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