If your birthday falls at the end of the month, you might want to check your bank account first thing tomorrow. Around $1,950 is expected to be deposited into accounts across the U.S., and it’s not a surprise check — it’s part of the regularly scheduled Social Security retirement payments, landing just in time to close out June.
The Social Security Administration (SSA) follows a staggered schedule for retirement benefits, based on when recipients were born. This Friday, June 28, is the payout date for beneficiaries born between the 21st and 31st of any month. And according to the SSA, these individuals receive an average monthly benefit of $1,950.27, though the actual amount can vary.
So if you’re receiving retirement benefits and your birthday falls in that date range, expect your money to drop via direct deposit tomorrow.
Who’s Eligible for the $1,950 Deposit?
Not everyone will receive a payment tomorrow — the June 28 deposit specifically targets Social Security retirement beneficiaries whose birthdays fall between the 21st and 31st. These individuals make up the last group in the monthly payout cycle, which is split into three parts:
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Birthdays on the 1st–10th: Paid the second Wednesday
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Birthdays on the 11th–20th: Paid the third Wednesday
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Birthdays on the 21st–31st: Paid the fourth Wednesday (this month, it falls on June 28)
If you started receiving benefits before May 1997, your payment may arrive earlier in the month regardless of your birth date.
Why the Average Payment is $1,950
The $1,950.27 figure represents the national average monthly retirement benefit. It’s based on your lifetime earnings and the age at which you began claiming Social Security.
Here’s what affects your payment:
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Higher earnings during your working years mean higher monthly benefits.
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Delaying retirement beyond age 62 can significantly boost your payout.
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Cost-of-living adjustments (COLA) help increase benefits yearly to keep up with inflation.
Some retirees receive well over $3,000, while others, particularly those who claimed early or had lower lifetime earnings, may receive less than the average.
What If You Don’t See a Deposit?
If you qualify but don’t see a payment by the end of Friday:
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Double-check your bank account and SSA payment schedule
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Log in to your account to verify your deposit history
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If needed, contact SSA or your bank to report a delay
Keep in mind that weekends or holidays can occasionally delay transfers, but most direct deposits arrive on schedule.
Why This Matters Now
For many retirees, this monthly check is a critical part of their budget. With inflation pushing up the cost of essentials like groceries, rent, and prescriptions, staying on top of when payments arrive helps households plan more effectively.
Tomorrow’s deposit closes out June’s payment cycle, and with July bringing another round of scheduled payments (plus ongoing discussions about future COLA increases), it’s a good time to stay informed.
