Big changes to the June 12th 2024 payment for some eligible Americans

Your new Social Security check will be bigger if you meet the requirements

If you are waiting to get the new Social Security checks, you should know that the 12th day will be the mailing day for all eligible beneficiaries in the United States. Having this payment is important for thousands of citizens who have no other source of income.

Considering that most retirees over 65 have no income other than the Social Security payment, getting check every month is a must. Therefore, we should be aware of the payment schedule so that we can forget about financial problems and organize our household finances.

Changes for Eligible Americans for the June 12th Social Security Payment

The main changes in this June 12th Social Security payment are related to the amount we get. Each beneficiary gets 3.2% more than what they got last June 2023. The COLA has caused the benefit to increase this amount to all Americans with a benefit.

And the most striking thing is that all beneficiaries, regardless of the type of benefit, can enjoy this check without any problems. So the retirement payment of this check can reach up to 4,873 dollars, although it is true that not all citizens can have a check of these characteristics.

Each of the checks is unique and depends directly on the beneficiary’s work history. Therefore, you do have to keep in mind that if you collected a benefit in June 2023, the June 2024 check will be larger.

Who gets the June 12th Social Security benefit?

Only eligible beneficiaries can get the June 12th payment. To be eligible for this payment we need to pass two information filters. If we pass them, the check will arrive in our checking account. Failure to pass means the payment will arrive on another day.

The first of these filters is to have a birthday between the 1st and 10th of any month. The second filter is to have the benefit accepted after May 1997. This is the only way to obtain payment of this check on June 12th, 2024.

The payment of each check is unique. But it is true that the Social Security Administration gives the best benefits to those retirees who take the longest to apply for a check, as well as those who work the most years with a high salary.