Social Security update: Checks of up to $4,873 to be paid out this week

By Newsweek | Nov 18, 2024 at 04:01 AM EST

The Social Security Administration is issuing monthly payments to millions of recipients this week. Payments are based on birth date and benefit type, with variations in distribution dates. The maximum benefit for retirees in November 2024 is $4,873, depending on factors like retirement age and earnings history.

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