The next payment date for 62-year-olds will be issued on November 27. This will be your payday if your birthday matches the Social Security Administration’s requirements. This large check or direct deposit will only be for those who have been high earners, but other smaller payment amounts will also be sent on the 27th.
62-year-olds who are on retirement benefit payments, but received a check before November 27, will get a new payment, but in December. The new dates for retirement benefits in December are the 3rd, the 11th, 18th. The 24th will be the payment date for those retirees who get their check or deposit on Nov. 27.
Were you born from 21-31? And did you get Social Security after May 1997?
If you can answer “yes” to both questions, your next Social Security payment date will be November 27. Those who are born after the 20th usually receive their monthly payment on the fourth Wednesday of the month.
However, your December payment will not be issued on the fourth Wednesday. This is because December 25 is a Federal Holiday so your Social Security payment needs to be issued on a business day.
In this case, your December 25 payment will be in your bank account on December 24. So, you can have your money ready for any late Christmas purchases you may need to make.
Which 62-year-olds can receive $2,710 on November 27 from Social Security?
The Social Security Administration will send payments on Nov. 27 worth $2,710 if retirees aged 62:
- have filed at 62
- have gotten approval
- have worked for 35 years
- have earned the contribution and benefit base for 35 years
- have had jobs covered by SSA
Those who meet those Social Security requirements but have not filed yet could delay retirement until they reach Full Retirement Age. In this way, they can get up to $3,822 in 2024. Those who file at 70 can get up to $4,873 because they get 24% for late filing.