The Social Security Administration (SSA) allows American workers to apply for retirement benefit payments at the age of 62. Although this reduces their monthly payment, many citizens decide to file early. In fact, it means getting about 30% less. So, if you have not claimed benefits yet, make sure you check if you can afford to file early or not.
Since workers can start collecting Social Security at 62, many 64 to 65-year-olds are already receiving retirement benefits. Bear in mind that each worker has a different background. Therefore, the Administration will pay them a made-to-measure amount. For example, not all workers file at the same age, pay the same amount of payroll tax, or have the same earnings at work. Let’s not forget about the number of years each worker works.
Social Security payments of about $1,425-$1,611 for ages 64-65
As of December 2024, these are the average amounts 64 and 65-year-olds receive. So, if you are 64 years old, the average payment for your age group is $1,425. However, if you are 65 years old, the average payment for your age group is $1,611.
Here you can easily tell the difference between filing a little later. The difference could be even bigger if maximum amounts are compared at 62 and 70. While the maximum payment at 62 is $2,831, it could be up to $5,108 if you file at the age of 70.
As the April payment schedule has 4 different paydays for Social Security recipients, not all 64 and 65-year-olds qualify for the upcoming payment. Not sure if this will be your payday? Check it out now.
Social Security for 64 to 65-year-olds on April 9
Some 64 to 65-year-olds may receive a monthly payment on April 9 if they meet three conditions. In the first place, they cannot be receiving Supplemental Security Income, popularly known as SSI.
Secondly, you must have started collecting Social Security payments after April 30, 1997. Last but not least, your birth date must fall within the days the Administration has established.
So, those 64 to 65-year-olds who meet the 2 previous requirements set by SSA and who were born from the 1st of the month to the 10th will receive on average $1,425 or $1,611 respectively.
Those workers who have not filed for a Social Security check must know that they can only get 100% of their benefits if they file at Full Retirement Age. If you are 64 to 65 years old and you did not qualify for the April 3 payment or for the 9th, there are 2 more paydays.
As a matter of fact, you could also receive a Social Security payment on April 16 or on April 23, 2025. Again, it will depend on your birthday whether you get your monthly payment in about 2 (born 11-20) or 3 weeks (born 21-31). If your payment is lower than average, do not forget to apply for the Supplemental Security Income and the Supplemental Nutrition Assistance Program.
