If you have just turned 62 and you have paid enough Social Security taxes, you could apply for retirement benefits in the United States. Make sure you have earned 40 work credits and you worked for a minimum of 10 years.
However, if you would like to collect a larger Social Security payment, you could delay filing to get 100% of your benefits at Full Retirement Age. Another possibility is to file at the age of 70 to get a 24% extra per month.
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Do not forget that to get Social Security in March, you must have filed at least 3 months in advance. If you have not applied yet, you cannot receive any money from the Administration.
REQUIREMENTS FOR A SOCIAL SECURITY CHECK ON MARCH 13
In order to collect a new payment from the Administration on March 13, there are two conditions you must meet. For example, it will not be yours if you were on retirement benefits before May 1997.
Moreover, this payment is only for those who got retirement benefits after April 30, 1997 and have their birth date from 1-10. Therefore, if your birthday is early in the month, your benefits arrive earlier too.
If you do not qualify for the March 13 payments, Social Security has scheduled 2 more paydays. March 20 and March 27 will be the last two checks arriving this month.
MARCH 13, 20 & 27 CHECK AMOUNTS
The amount of your check will depend on your filing age, earnings, and work history. However, the average check is worth $1,909. It could be higher or lower. Early filers may get a lower payment.
While high earners could receive a lot more. The largest check a retiree aged 62 could receive from Social Security is worth $2,710. At Full Retirement Age, it could be $3,822.
Those seniors who have managed to earn the taxable maximum for 35 years and file at the age of 70 can get $4,873 in 2024. Do not forget that workers must have their jobs covered by SSA.