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.
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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.