American retirees who have not collected their August payment will receive their money on August 28. Social Security will make sure you meet all the necessary conditions to qualify.
First and foremost, you must have filed and gotten approval from SSA. Then, you cannot be receiving SSI to get money on August 28, 2024. Besides, this payment is not for those receiving benefits before May 1997.
Social Security direct deposit on August 28 for retirees 62+
The birth date requirement to get Social Security on the 28th of this month is essential. Some seniors who have just qualified for retirement benefits may not know that if their birthday is from 21-31 this is their payday.
Generally, the third round of disbursement for those born from 21-31 falls on the fourth Wednesday of the month. However, make sure you keep updated because sometimes it is necessary for SSA to reschedule payment dates. Payments after the 28th will be:
- Social Security due on September 3: If on SSI and Social Security simultaneously or receiving benefits since before May 1997
- retirement benefits due on September 11: born from 1-10
- retirement benefits due on September 18: born from 11-20
- retirement benefits due on September 25: born from 21-31
Requirements to get $4,873 on Aug. 28
The Social Security Administration has claimed that average payments for all retired workers are $1,919. If you meet 4 requirements, your check or direct deposit can be worth $4,873.
- workers who have managed to work for a minimum of thirty-five years
- have earned what is known as the contribution and benefit base or taxable income for at least 35 years
- have applied for Social Security retirement benefits at the age of 70
- paid enough payroll taxes to SSA in jobs covered by the Administration
If you meet all the requirement but the one regarding the filing age, it could be worth a lot less. It can be up to $3,822 if you filed at Full Retirement Age. Those who chose early filing can only get up to $2,710 from Social Security.