Not all retirees receive money on the same paydays in the United States. Retirement checks can have four different paydays. For example, some will not receive their payment until March 27.
Others will be luckier and get their money on March 13, so they will only have to wait for about 6 more days. To get benefits on March 20, that is, in 2 weeks, your birthday must fall on 11-20.
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If your birth date is from 1-10, your retirement check is due on March 13. The last payday in March will be for those retirees whose birthday is from 21-31. Those on benefits before May 1997 get their payment on April 3.
WHO QUALIFIES FOR A RETIREMENT CHECK WORTH $1,909?
As a matter of fact, this is an average retirement check as of January 2024. Therefore, it is an estimate of what a senior on Social Security can receive from the Administration.
If you have just worked for ten years but managed to get 40 work credits, you can get Social Security. However, your payment will be too low. That is why some retirees need to apply for SSI.
SSI can give Social Security benefits a supplement. Therefore, they can have another source of income from the Supplemental Security Income benefit. Checks for SSI recipients can be up to $943 (single) or $1,415 (married).
COULD I GET A HIGHER PAYMENT ON MARCH 13, 20 OR 27?
While some citizens in retirement can get a lot less than $1,909, others may get a lot more. This is because they delayed filing, had a very well-paid job and worked for 35 years or more.
Seniors who have filed at 70, earned the taxable maximum for 35 years in jobs covered by Social Security can receive $4,873 on March 13, 20 or 27. This is the largest benefit in 2024.
Seniors who meet all those requirements but file early, at 62, can receive up to $2,710. The Full Retirement Age is when retirees get 100% of their benefits. The largest benefit at this age is $3,822.