Social Security benefits have varying payment dates depending on benefit type and birthdate, starting from August 1st.
Social Security, as a federal program, provides retirement, disability, survivor, and supplemental income benefits funded by payroll taxes and U.S. Treasury securities, with an average monthly check of $1,767.03.
Four main types of Social Security benefits are retirement, SSDI, survivors benefits, and supplemental income, each requiring specific eligibility criteria and application processes.
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