The Social Security Administration offers cost-of-living benefits to low-income, handicapped, and retired Americans.
June saw SSA, SSI, and SSDI benefits approved at $134/Day. These monthly benefits provide financial aid to qualifying beneficiaries.
The Federal Government pays Social Security monthly based on the beneficiary's birthdate.
Federal benefits are distributed in the second week of each month to eligible recipients born between 1 and 10.
Beneficiaries born between 11 and 20 receive their benefits in the third week of each month, and those born between 21 and 31 receive them in the fourth week.
Americans receive various federal advantages that lower their cost of living. Authorities announce new benefit rates with inflation every year. The $134/Day SSA approval came in June.