Many 68-year-olds are already receiving Social Security retirement benefits in the United States. For your information, it is possible to apply for them once you turn 62.
Of course, early retirement is possible for those workers who have paid enough payroll taxes to SSA. Otherwise, they will need to wait until they have earned at least 40 work credits.
When could 68-year-olds receive the next Social Security payment in the U.S.?
September 11 will be when the Social Security Administration will deliver the next retirement benefit payment for 68-year-olds. This payday will not be just for this age group, in fact, anyone aged 62 or older could get it if eligible.
68-year-olds who were born from the 1st to the 10th, regardless of the month, will receive their money on September 11th. Of course, they cannot:
- break Social Security rules to be eligible
- be on SSI simultaneously
- have received retirement benefits before May 1997
The third and fourth Wednesdays in September will also be possible paydays for 68-year-olds. September 18 and September 25 will be the payment dates after September 11 then. Once more, the birthday requirement is essential. Born from 11-20, payday on the 18th, after that date on the 25th.
Payment amounts for 68-year-olds on Social Security in September
The average retirement benefit payment for seniors aged 68 will be about $1,950. However, some retirees may opt for a larger payment if they were high earners while they worked. Had they filed at 70, they could have received about 16% extra.
Still, they have qualified for an 8 percent extra after having delayed retirement for at least one year. Of course, if they filed at 68 in 2024. Some may be 68 but they started to get benefits up to 6 years ago. So they may receive lower payments in some cases.
All retired worker’s average Social Security payment is worth about $1,919. As you can see, it is not far from what 68-year-olds may get. Those who filed at Full Retirement Age in 2024 can get up to $3,822.
