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Retirees Aged 66-67 Can Receive Up to $4,018 from Social Security Today If They Meet These Requirements

The Social Security Administration (SSA) has confirmed the next monthly payment for eligible seniors aged 66-67 in the United States

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Finance
Social Security payment of up to $4,018 for those aged 66-67

Social Security payment of up to $4,018 for those aged 66-67

Do you qualify for a Social Security check or direct deposit worth $4,018? March 26 will be the last payday of the month and these are the requirements the Administration has set.

Bear in mind that you could get a lower payment even if you do not qualify for the full amount at 66-67. However, if you are on SSI (Supplemental Security Income) and Social Security at the same time, you are not eligible.

Social Security requirements for $4,018 payments

To get the maximum amount at Full Retirement Age, Social Security has set 4 key conditions:

  • Filing at Full Retirement Age in 2025: 66 years and 10 months old
  • Work in jobs that pay payroll taxes to SSA
  • Work for a minimum of 35 years in these jobs covered by the Agency
  • Have benefits equal to the taxable maximum, or higher, for 35 years

Some retirees who have filed at the age of 70 can receive a monthly payment of up to $5,108. The conditions are the same as for the $4,018 payment but you must have filed at 70 instead.

Social Security checks on the 26th

Regardless of your payment amount, there will be a payment for those retirees whose birth date is from the 21st to the 31st. It does not matter the year or month you were born though.

Of course, this is possible as long as you started receiving Social Security retirement payments after April 30, 1997. If you began collecting monthly payments before May 1997, your next payday will be April 3, 2025.

Retires who receive SSI and Social Security will also share they April 3 payday. Not on retirement benefits yet? Then, make sure you work out if you can afford to retire as early as 62.

If not, you can delay retirement until you reach normal retirement age to get 100% of your benefits or until you are 70 to benefit from delay credits. It is the best way to boost your monthly payment by 24% in 3 years.

Tags: paymentretirementSocial Security

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