American retirees who haven’t yet gotten their August payment will get it on August 28. Social Security will make sure that you meet all the requirements to be eligible.
First, you need to have filed with SSA and gotten permission. That means you can’t get SSI to get money on August 28, 2024. Also, this payment is not for people who were getting benefits before May 1997.
Social Security direct deposit on August 28 for retirees 62+
It is very important that you meet the birth date requirement to get Social Security on the 28th of this month. Some seniors who just got their retirement benefits might not know that this is their pay day if their birthday is between July 21 and July 31.
In general, the third payment for people born between July 21 and December 31 comes on the fourth Wednesday of each month. On the other hand, make sure you stay up to date because SSA may need to change your payment dates. What you’ll pay after the 28th is:
- 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 says that the average salary for all retired workers is $1,919 a month. Four things must be true for your check or direct payment to 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.