The Social Security Administration will not finish sending payments this month until March 27. Disability and retirement beneficiaries, regardless of their age, may receive a payment if eligible.
March 27 could be your payment date if you are on disability or retirement benefits after April 30, 1997. Besides, your birthday must fall from the 21 to the 31. If so, this check or direct deposit will be yours.
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The amount of money you will receive will depend on several factors. Social Security will pay more money if you filed late. Early filers get a 30% reduction in most cases.
SSDI DISABILITY BENEFITS – APRIL PAYDAYS AND AMOUNTS
While some SSDI recipients will receive their Social Security on March 27, others collected them long ago. Therefore, they should start planning their monthly budget and know the upcoming payday.
April 3 will be your next payday if you are on SSDI before May 1997. The rest of the payment dates for disability beneficiaries will be April 10, 17 and 24 said SSA.
The maximum amounts for the March 27 and April payments are the same if you get disability benefits. The largest check for SSDI beneficiaries is worth $3,822. The average payment will be similar in March and April. They could be about $1,536 according to Social Security’s latest statistics.
RETIREMENT BENEFITS – APRIL PAYDAYS AND AMOUNTS
Retirement benefits will also be due on April 3 if you started getting money from Social Security before May 1997. April 10, 17 and 24 will be the other payment dates.
SSI beneficiaries may also get disability or retirement benefits. Their next payday will be April 1, 2024. As for the amounts of retirement benefits, the maximum benefits are worth $4,873 at 70, $2,710 at 62, and $3,822 at Full Retirement Age.
If you have not filed for Social Security yet, you can do so online if you are 62 years old or you have a qualifying disability. Those citizens who have not paid payroll taxes cannot get Social Security though.