If you have already made your September budget, remember that you will get money from Social Security on September 3, 11, 18, and 25. What your payment is, though, will rely on how much you made as a worker, how old you were when you filed for benefits, and how much you paid in taxes to SSA.
You can get up to $4,873 in retirement benefits if you file at age 70, up to $3,822 if you file at Full Retirement Age (FRA), which in 2024 is 66 years and 8 months old, and up to $2,710 if you file at age 62.
Social Security requirements to get up to $4,873
To get $4,873 in 2024, you must file your taxes when you are 70 years old, work for at least 35 years, pay enough insurance taxes at your jobs, and earn the most you can for 35 years. If you meet all the other standards and file at FRA or 62, your check will be smaller.
In the United States, you will get either a big or a small monthly payment depending on whether you meet all the requirements. Remember that getting to $2,710 at age 62 will be easier because you will have worked less.
But waiting to quit until you are 70 might be a good idea because you will have more time to do well. Besides that, you will get an extra 24% from Social Security.
When can recipients get up to $4,873 from Social Security in September?
If someone began getting retirement benefits before May 1997, they may get the most on September 3, 2024. You will get much less money, though, even if you are able to retire on the third because you are on SSI.
If your birthday is between 1 and 10, you can get up to $4,873 on September 11. Sure, they had to get benefits after April 30, 1997, but not before that important date. If a senior’s birthday is between November 11 and September 20, they can get a payment on September 18 instead of the 3rd or 11th.
People whose birthday is between September 21 and September 31 will only get the payment on September 28. That is, after the 20th. There are some important things you need to do while you are still working to get the most out of your Social Security payments and get the most out of your payments in the future.