Social Security Benefits Averaging $2,081 Arrive Wednesday, June 10

Thousands of retirees in the United States will receive another Social Security deposit this week.

The payment scheduled for Wednesday, June 10, is part of the monthly calendar of the Social Security Administration, or SSA, and will reach a specific group of beneficiaries according to their date of birth.

Why it matters: For many Hispanic older adults, the monthly Social Security check remains the main source of income to cover basic expenses at a time when the costs of housing, food, utilities, and medical care continue to put pressure on family budgets.

Who Will Receive the June 10 Payment

The Social Security Administration distributes benefits on different dates throughout the month to make payment processing easier and avoid delays.

According to the official SSA calendar, the deposit scheduled for Wednesday, June 10, corresponds to retirees born between the 1st and 10th day of any month.

Beneficiaries will receive the money through direct deposit or through the payment method they have registered with the federal agency.

Social Security Payments Arrive Wednesday, June 10 – PHOTO: ChatGPT

The payment is part of Social Security’s regular schedule and represents one of the most important disbursements for millions of retired people across the country.

The Average Check Exceeds $2,000 per Month

According to data from the Social Security Administration, the average benefit for retirees currently reaches $2,081.16 per month.

However, the exact amount each person receives depends on factors such as their work history, years of contributions, and the age at which they decided to claim retirement benefits.

Although the average figure exceeds $2,000, several organizations representing older adults argue that the rising cost of living has reduced the purchasing power of that income.

Social Security Payments Arrive Wednesday, June 10 – PHOTO: Shutterstock

The situation is especially concerning for those who depend almost exclusively on Social Security to cover their monthly expenses.

Inflation Continues to Affect Retirees

The Senior Citizens League, or TSCL, has noted that the purchasing power of Social Security benefits has deteriorated over the years due to the constant rise in prices.

Among the expenses that absorb a major part of retirees’ budgets are housing, food, utilities, medical care, and Medicare premiums.

Recent increases in other everyday costs, such as gasoline and certain essential services, have also added pressure, especially for people living on fixed incomes.

TSCL estimates that the purchasing power of benefits has declined by approximately 14% since 2010, a trend that remains a concern for many retired families.

The organization also projects that the next annual cost-of-living adjustment, or COLA, could be around 3.3% for 2027. However, specialists warn that even increases of that size could be insufficient if inflation remains high.

More Retirees Seek Additional Income

Faced with the sustained rise in expenses, many beneficiaries are choosing to supplement their income through work.

The trend has become increasingly visible among people over 50 who continue working after reaching the traditional retirement age.

Social Security Payments Arrive Wednesday, June 10 – PHOTO: Shutterstock

Several U.S. companies have increased opportunities aimed at experienced workers, while programs such as AARP’s Employer Pledge Program seek to connect candidates with extensive professional backgrounds with companies interested in hiring senior talent.

For many retirees, these alternatives represent a way to strengthen their finances, increase their savings, or simply remain active in the labor market.

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What’s Next

After the payments scheduled for June 10, the Social Security Administration calendar will continue with the next deposits corresponding to other groups of beneficiaries.

The next important date will be Wednesday, June 17, when retirees who are part of the fourth group established by the SSA according to their date of birth will receive their payments.