The Social Security payment day for beneficiaries who belong to Group 3 is finally here. All the retirees who have been awaiting their Social Security payment can now check their bank accounts for the direct deposits. The issue today is a part of the monthly schedule that the Administration follows, providing monetary benefits to retirees amid growing inflation and the cost of living. If you are someone who is expecting a payment today, this article is for you. It brings you everything you need to know about the Social Security payment scheduled for today, on the 17th of April 2025. The following article will also help you assess how much you will receive today.
Who’s Going To Receive The Social Security Payment Today On April 16?
The beneficiaries who belong to Group 3 of the Social Security payment schedule are going to receive their payments today, on April 16. Retirees who are eligible to receive Social Security benefits receive payments according to their date of birth. People who have their birth dates falling between the 11th and the 20th of any month are the ones who belong to Group 3 of the payment schedule.
How Much Will You Receive As Social Security Benefits On April 16, 2025?
According to the system the Social Security Administration follows, the amount you are going to receive on April 16 depends on your retirement age. For instance, if you are someone who has retired at full retirement age of 67, you are going to receive the maximum benefit. The maximum benefit you can receive at 67 is $4,018 monthly. On the other hand, if you decide to retire early, you will have a deduction in your Social Security benefits. If you retire early, you’ll only receive $2,831. However, if you decide to stretch it and retire at the ideal age of 70, you will receive benefits as high as $5,108.
What To Do If You Do Not Receive The Social Security Payment Today, On April 16?
There are multiple possible reasons that may have led to a delay in the issue of your Social Security payment. One of the most common reasons many beneficiaries encounter is inaccurate bank details. You may have submitted the wrong bank details for direct deposits of your Social Security payment. Another possible reason is a pre-existing debt with your bank. In case your Social Security payment has not arrived within 3 business days, you may contact the Social Security administration at 1-800-772-1213 for assistance.
When Will The Next Social Security Payment Arrive In April?
The first group of beneficiaries who are eligible for the SSI payments already received them at the beginning of April. On the other hand, those with birth dates between the 1st and 10th received theirs on April 9. The beneficiaries belonging to Group 3 are going to receive their payments today, on April 16. The next payment for the remaining beneficiaries with birth dates falling between the 21st and 31st will be receivingtheir payments on April 23.
What Changes Are Coming To Social Security In 2025?
The Social Security Administration announced in a previous release that the beneficiaries will have to claim the payments physically. It was previously decided to eliminate the phone services for SSA benefits. However, on the 13th of April 2025, the administration allowed beneficiaries to complete all claims over the phone. It announced in a press release that new anti-fraud capabilities, especially designed to protect beneficiaries and streamline the customer experience, will now support their phone services. Leland Dudek claimed these updates will improve their ability to prevent fraud and provide more flexible options for people to access their benefits.
