In November, people over 62 got a Social Security payment of up to $4,873. In December, they will get another check or direct deposit. A big retirement income is not for everyone, though.
You may also be able to get Supplemental Security Income. In other words, you will get SSI on November 29 instead of December 1, which is when it usually comes out.
You had to work hard and pay taxes for 35 years to get the most from Social Security.
What you need to do to get $2,710, $3,822, or $4,873 from Social Security in December
Someone must first turn 62 years old before they can start getting benefits. Of course, you need to have worked for at least 35 years to get a bigger payment.
How much money you make in 35 years is also important. It has to be the most that can be taxed in all of those years. It is $168,600 in 2024.
There is no doubt that SSA paid you to do some jobs. All of these people can file as late as age 62 and get back up to $2,710.
Yes, if you reach that amount and file when you turn 70 in 2024, you can get up to $3,822. Social Security will give you up to $4,873 when you turn 70.
Payments from Social Security and who can get them
The first day you can get up to $4,873 every month is December 3, 2024. This is your check if you got benefits before May 1997.
People who get SSI will get their retirement benefits on December 3, and people who get SSI will get theirs on November 29. Still, they will get paid about the same as everyone else: $1,927.
You will get Social Security on December 11, 18, or 24 if you retire after April 30, 1997. If they want to get any of these prizes, their birthday must fall between January 1 and 10, November 1 and 20, or December 31.
