Who Receives the $2,000 Check on March 12?
Social Security payments are distributed based on beneficiaries’ birth dates:
March 12 (1st-10th of the month) March 19 (11th-20th of the month) March 26 (21st-31st of the month)
Benefits increased by 2.5% due to the Cost-of-Living Adjustment (COLA), helping beneficiaries keep up with inflation.
Supplemental Security Income (SSI) supports retirees, disabled individuals, and low-income families who meet specific income and resource limits.
Those who started receiving Social Security before May 1997 received their March payment on February 28, as March 1 fell on a weekend.
Experts warn that workforce cuts at the SSA could disrupt benefit payments in the future.
SSI provides financial assistance to individuals with limited income and resources, helping them cover basic needs like food, shelter, and clothing.
Over 70% of the 73 million Social Security beneficiaries are retired workers, with the rest including disabled individuals and low-income families.