Not eligible for the April 3, 2025 payment? There is no need to worry because there will be 3 more paydays this month. According to Social Security’s payment schedule, the next payday will be deposited on April 9, 2029. However, only those who filed and got benefits after April 30, 1997, and who are not on SSI qualify for deposits after the 3rd.
The thing is the Social Security Administration’s rules state that you must also meet the birthday requirement. Being born on a specific date will allow you to receive one payment or another. Of course, as long as you earned enough work credits and got SSA’s approval. Even if you worked for 50 years, it is essential to apply for retirement benefits.
Retirees aged 62+ on Social Security
Once you turn 62 you can claim Social Security benefits. The April 9 payment will be for those aged 62 or older who were born from the first to the tenth. Remember that if you are on SSI (Supplemental Security Income) you do not qualify for this payday.
Another possibility is to collect your April payment on April 16, 2025. This payday will be for retirees aged 62 or older who were born from the 11th to the 20th, regardless of the month.
What is more, there will also be a Social Security payment for retirees aged 62 or older on April 23. In fact, it will be the last payment date in April 2025. Check out the average payment amounts below. In this way, you will see if your payment is either higher or lower than average to see how you performed as a worker.
Retirees aged 62-70 & maximum Social Security
The age at which you start claiming Social Security matters. It does affect your payment amount. For example, if you filed at 62, you will only be able to receive up to $2,831 on April 9, 16 or 23.
Bear in mind that filing as early as 62 has financial disadvantages. Retirees can see their benefits reduced by about 30%. The question is if you can really afford not getting so much money.
On the same paydays, some retired workers who have filed at 70 can receive up to $5,108 in 2025. This is the largest retirement benefit payment since seniors who delay retirement can get 24%. Few workers are able to get so much money because they must have earned a great deal of money for decades.
Actually, to get as much money as possible at 70, you must have earned the taxable maximum for 35 years. Keep in mind that paying enough taxes to Social Security is mandatory. At Full Retirement Age, you can get up to $4,018 in April 2025.
Therefore, there is a significant difference between the amount a 62-year-old can receive and a retiree aged 70. Getting $2,277 less per month is too much money. So, even if you cannot get the maximum benefit, reflect on the ways to get more money per month.
