The Social Security Administration (SSA) has informed retirees of the last 2 payments in July. If you were not eligible for the payments on July 3 and July 10, you may get one of the following ones if you are on retirement benefits in the USA.
The main requirements to collect one of the 2 Social Security payments are: having filed and got approval from SSA, not receiving SSI, not being on benefits before May 1997, and meeting the birth date condition.
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Birthday requirement for Social Security on July 17, 2024
Some retirees will get money from the Administration on July 17. Bear in mind that only those seniors whose birthday is from the 11th to the 20th will get money on the 17th.
If your birthday is from the 1st to the 10th, your payment was due on July 10. Therefore, you will not get a new payment from Social Security until August 14, 2024.
The average payment for retirees is worth $1,916 regardless of the payday. So, if you qualify for an average check or direct deposit, that will be the amount of your next payment.
Birthday requirement for Social Security on July 24, 2024
To get money from the Administration on July 24, you must have been born from the 21st to the 31st. It does not matter the month or year you were born though.
What matters is that you filed for Social Security and got the approval. As a matter of fact, this will be the last chance for retirees to get money in July. The first payment in August will be due on the second. It will be for those on SSI and Social Security, and for those who got benefits before May 1997.
The maximum benefit payment for retirees will be $4,873 in 2024. This is the maximum amount if you filed at 70. Early filing at 62 means you can only get up to $2,710.