67 is the age when many Americans will reach their Full Retirement Age. Social Security payments will be higher if you file at 67 than if you do at 62. On average, all retired workers get approximately $1,919.
The average check for retirees aged 67 is about $1,885 said Social Security. Therefore, there are seniors who file for retirement benefits at 70 and get more money.
Next Social Security for 67-year-olds
Whether you are 67 years old or not, you may qualify for the next retirement benefit payment on August 21 in the United States. The thing is you must meet all the conditions.
- Not receiving SSI
- Receiving Social Security after April 30, 1997
- Not having lost eligibility due to rule infringement
- meeting the birthday requirement
Thus, if you are 67 years old and your birthday is from 11-20, you will receive your next payment on August 21. In the same way, retirees aged 67 may get their payment a week later. However, apart from meeting the aforementioned conditions, they must have been born from 21-31.
Maximum Social Security check for almost 67-year-olds
If you are 66 years and 8 months old, so almost 67, you can receive up to $3,822 in 2024. Nevertheless, that is the largest Social Security direct deposit and few Americans qualify.
Remember that you must have filed for retirement benefits at Full Retirement Age, have jobs covered by SSA, earned the taxable maximum and worked for 35 years.
Undoubtedly, earning the contribution and benefit base for 35 years is the most challenging part. That is why so few American seniors qualify for such a large payment.
Early filing at 62 can make your monthly payment shrink, so it is not advisable if you have no savings or investments to make ends meet. Earning delayed credits for Socia Security is possible, it can provide you with a check 24% higher if you file at 70. So, delay filing if you are healthy and willing to do so.