Second round of April Social Security payments goes out in one day

Here is all you need to know about April’s Social Security payments.

When does the check arrive?

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 on or before the 10th of a month received their payments on April 9. Beneficiaries born between the 11th and 20th of a month will receive their checks on Wednesday, April 16, and retirees born on or after the 21st of a month will receive their payments on April 23.

How is it financed?

Social Security is financed by a payroll tax paid by employers and employees.

Social Security payment amounts

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