If you are unsure if you qualify for a payment from the Social Security Administration in June or when the next payday will be, here is all the information about it.
64-year-olds could receive one of the 4 payments that the Administration has scheduled. The first one will be in just a few days, and there are 2 groups of eligible recipients.
June payments for 64-year-olds from Social Security
The Administration will send a new check or direct deposit on June 3. This payment is very unlikely for 64-year-olds because they must have been on benefits before May 1997, so they would be older than 64, and for those on SSI and Social Security.
It is true that if you are on Social Security Disability Insurance and you are 64 years old, you may receive a payment on June 3. The second possibility to receive a payment will be on the second Wednesday, the third Tuesday, and the fourth Wednesday.
Therefore, June 12 will be your payday if you began getting Social Security after April 30, 1997, and your birthday is from 1-10. Those who are in the same situation but their birth dates are from 11-20, will get it on June 18. The last opportunity for 64-year-olds to get a payment will be June 26, (birthdays 21-31).
Who will receive $1,460 in June from Social Security?
The Social Security Administration announced that $1,460 was the average payment for 64-year-olds as of December 2023. This means that seniors could get the same amount, a lower or even higher amount if they qualify for retirement benefits.
For your information, the average payment for all retirees in June will be about $1,915. In fact, some seniors may qualify for the largest benefits in the United States.
Those amounts can be up to $4,873 if you file at 70 and have been a high earner for 35 years, up to $3,822 if you filed at Full Retirement Age, or up to $2,710 if you filed at 62