62-year-olds who have not received their Social Security payment in September are looking forward to getting their direct deposit or check. Those who were high earners as workers may expect a payment of up to $2,710.
If you were not a high earner, you may receive a payment that may be closer to the average Social Security payment of $1,919. Those who delayed retirement until they were 70 can get up to $4,873.
24 hours for the next retirement benefit payment from Social Security
Whether you are aged 62 or older, if you are receiving retirement benefits and meet the requirements, you can get your monthly payment on August 28, 2024.
Requirements to get Social Security on August 28 for 62+:
- applied for retirement benefits at 62 or later
- got approval from the Administration
- not receiving SSI benefits
- on benefits after April 30, 1997
- remains eligible
Those who do not qualify for Social Security on the 28th may get Supplemental Security Income on August 30, 2024. SSI will be issued on the 30th because September 1 is Sunday and SSA offices are not open to send payments.
Who can receive $2,710 from Social Security on August 28 and $1,415 from SSI on the 30th?
To get $2,710 from Social Security on August 28 you must have earned the taxable maximum for a minimum of 35 years. That is, at least, the minimum number of years you must have worked.
Filing at 62 is also required and having had jobs covered by SSA all those years. The average check or direct deposit for 62-year-olds is about $1,300, so most retired workers should expect a similar amount.
Those on a low Social Security check may get SSI too. SSI can give up to $1,415 if you are an eligible married couple. Individuals get an average check of just $695 and up to $943. Essential persons can also receive Supplemental Security Income payments of up to $472. Apply now if you have a low income.