Retirement benefits are sent on 4 different payment dates in the United States. One of these paydays is over, and there are 3 more to come, although you can only be eligible for one of the 3.
To qualify for any of the retirement payments left in March, you must have started getting these benefits after April 30, 1997. What is more, you will not be eligible if you are on Supplemental Security Income benefits as well.
Retirement benefits available on March 12, 2025
The birthday requirement is another thing retirees must meet. Or else, they will not qualify for the Wednesday payments, but for a check or direct deposit on the third day of the month.
- born from 1-10: retirement payment available on March 12
- born from 11-20: payment available on March 19
- born from 21-31: payment available on March 26
Bear in mind that all the payments will be sent on time. However, your bank or financial institution may sometimes have difficulty in processing all the payments. So, if it is not due on time, call your bank before you call SSA. Only after having waited for 3 mailing days, you should call SSA to report it.
Retirement payment amounts in March
The largest retirement benefit will be delivered on March 12, 19, or 26 for those who meet additional requirements. A check or direct deposit can be worth up to $5,108.
It is only possible if you earned the taxable maximum for 35 years. So, it implies you worked for at least 35 years and had jobs covered by Social Security. Besides, you must have filed at 70. Average retirement benefit payments are $1,978 as of January 2025.
Of course, this is just informational because the exact amount of your monthly payment is determined by the earnings you had, the number of years you worked for, and the age you filed among other factors. Not on Social Security yet? File when you turn 62 for reduced payments or delay it until you are 70 to get 24% extra.