In the coming weeks, the Social Security Administration will send out new payments. The monthly checks will help people aged 62 as long as they meet all the requirements set by the Agency. Remember that if you are over 62, you could also get your direct deposit. Yes, as long as you are in the right age to get this retirement money.
Few retired people may be sure if they will get their payment this week or not. It’s not even going to be delivered this week. The main reason it won’t be sent out this week is that November 6 is the first Wednesday of the month already. From the second Wednesday on, SSA sends the next payments.
New payment dates for 62-year-olds on Social Security
In fact, the Social Security Administration won’t send a payment until November 13, 2024. So, 62-year-olds will get their next check or direct deposit in less than a week.
People born between January 1 and October 10 will get their Social Security check or deposit on November 13 if:
- they do not break SSA’s rules
- they began collecting Social Security after April 30, 1997
- they are not Supplemental Security Income beneficiaries
Not if you were born on a different date than these, though. It will take longer than a week to get your payment. If your birthday is between November 11th and November 20th, you will get your monthly payment on November 20. Or November 27 if it’s between November 21 and November 31.
Maximum Social Security payment at 62 in November 2024 in the US
It turns out that the biggest Social Security payment will be $2,710. Regardless, you will only be able to get such a big payment if you have been successful and met the four important requirements.
In this case, you must have worked 35 years in jobs that are covered by SSA. And you have to have earned the base amount of contributions and benefits for all those years. You also have to apply at age 62.
Read Also :- SSI payments of up to $472 will be issued for these eligible beneficiaries, here is the new date Social Security gave
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