First round of May Social Security goes out in 19 days

Social Security payments typically begin on the second Wednesday of every month, and the following waves go out in the subsequent weeks. The distribution of payments depends on which day of the month a retiree was born.

Retirees born between the first and 10th of a month will receive their payments on May 15. Beneficiaries between the 11th and 20th of any month will receive their checks on May 22, and those born between the 21st and 31st of any month will receive their benefits on May 29.

Citizens are eligible for Social Security payments beginning at 62 years old, but retirement age, the amount paid into Social Security, and the number of years paid into Social Security all affect the amount beneficiaries receive from the program.

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