If you are a Social Security recipient aged 62, you may have not received your monthly payments yet in the United States. This is because the Administration has set two more paydays in April.
Although it may seem impossible, some retirees aged 62 can receive such a large Social Security payment. The main reason why they get so much money is because they meet all the requirements set by the Administration.
WHEN WILL ELIGIBLE 62-YEAR-OLDS GET UP TO $2,710 FROM SOCIAL SECURITY?
April 17 will be the closest payment. This day will be only for those retirees who meet 2 conditions regardless of their age. But there will be another payment next week.
Therefore, April 24 will be when Social Security will send the last check or direct deposit to 62-year-olds and other retirees. To get money on these dates you must have been on benefits after April 30, 1997.
However, this will not be enough. The Social Security Administration will ensure that your birthdays match the requirements. For example, if your birthday is from 11-20, your payment is on the 17th. To get it on the 24th, your birth date must be from 21-31.
SOCIAL SECURITY AMOUNTS FOR APRIL 17 & 24
The amount of your Social Security will depend on your work and earnings history. The age you retire also affects your monthly payments. 62-year-olds get the lowest payments.
The Administration reduces the amount of your check by 30% if you file at 62. The maximum benefit at 62 is $2,710. But it could be as high as $4,873 if you filed at the age of 70.
The average check for all retired workers is $1,910. Bear in mind that Social Security increased benefits by 3.2% in 2024, so the April payments include this COLA boost. If you have not filed for retirement benefits, you can do it online and a few months before reaching the age to file.
