If you are 66 years and 8 months old, so almost 67, you may be eligible for a Social Security benefit payment. Some retired workers can even receive $3,822 at Full Retirement Age in 2024.
However, the Social Security Administration will ensure that you meet all the requirements. As a matter of fact, the first payment date for retirees will be August 2, and not August 3. This is because the third falls on a Saturday and SSA’s offices will be closed. So, the money for retirees needs to be sent in advance.
Who can receive Social Security in August?
Actually, there are several groups of recipients who can get money from the Administration in August. August 2 will be your payday if you are on SSI and retirement benefits simultaneously.
Another possibility to get Social Security on August 2 is to have been on benefits before May 1997. Those who did not get benefits before May 1997 and are not on SSI benefits, will have 3 different paydays.
Social Security’s payment schedule states that August 14, 21, and 28 will have a special condition. Recipients must meet the birthday requirement. So, if your birthday is from 1-10, your payment is due on August 14. If it is from 11-20, on the 21st. The last one will be on August 28 for those born from 21-31.
Eligibility for a Social Security check of $3,822
Those citizens who have worked for 35 years may still have some chances to get more money in retirement. Nevertheless, there are 3 more conditions to get so much money.
The thing is you must have also filed for Social Security at normal retirement age, 66 years and 8 months old in 2024. Do not forget that if you had jobs not covered by SSA, you cannot get retirement benefits. In that case you could get either a pension or SSI.
The most challenging goal is to earn the contribution and benefit base for 35 years. That will definitely give the boost your Social Security benefits up to $3,822 in 2024.