{"id":36900,"date":"2025-03-21T04:00:20","date_gmt":"2025-03-21T08:00:20","guid":{"rendered":"https:\/\/futbolete.com\/us\/?p=36900"},"modified":"2025-07-14T10:00:56","modified_gmt":"2025-07-14T14:00:56","slug":"social-security-payment-62-year-old-1343-march-26","status":"publish","type":"post","link":"https:\/\/futbolete.com\/us\/social-security-payment-62-year-old-1343-march-26\/","title":{"rendered":"Social Security Payment for 62-Year-Olds on March 26"},"content":{"rendered":"<p><strong>Social Security payments<\/strong> are generally deposited on the second, third, or fourth Wednesday in March. While some retirees aged 62 or older got benefits on March 3 because they began receiving retirement benefits before May 1997 or because they are on SSI too, others will get it on March 26, 2025.<\/p>\n<p>March 26 will be the day when<strong> Social Security<\/strong> delivers the last payment for retirees aged 62 or older. Then, there will be new monthly <strong>payments<\/strong> but in April. As of January 2025, the Administration stated that on average, retired workers get about $1,978.<\/p>\n<h2>Who will collect a Social Security payment on the 26th?<\/h2>\n<p>To receive a monthly <strong>payment<\/strong> on March 26, 2025, there are a few requirements you must meet. Check if you qualify:<\/p>\n<ul>\n<li>you started getting <strong>Social Security<\/strong> after April 30, 1997<\/li>\n<li>you are not receiving SSI benefits<\/li>\n<li>you were born from the 21st to the 31st<\/li>\n<li>you filed<\/li>\n<li>your application was approved by SSA<\/li>\n<\/ul>\n<p>If you have not filed yet, you should know that filing at 62 is possible. However, it reduces your <strong>payment<\/strong> amount. Those who file at 62 get a 30% reduction. On the contrary, if you apply for benefits at 70, you will <strong>benefit<\/strong> from delayed credits.<\/p>\n<h2>Who could receive $1,343 from Social Security?<\/h2>\n<p>As of June 2024, the average <strong>payment<\/strong> was <strong>$1,311<\/strong>. Thanks to the <strong>COLA increase for 2025<\/strong>, benefits are 2.5% higher. So, on average 62-year-olds can get about $1,343.<\/p>\n<p>So, if you are 62 and you get an average <strong>payment, $1,343<\/strong> could be your payment amount on March 26, 2025. Social Security can deliver payments of up to $5,108.<\/p>\n<p>Indeed, this payment is just for those who have managed to earn the contribution and benefit base for decades. Thus, it is unlikely many <strong>retirees<\/strong> get so much money.<\/p>\n<p>The current maximum amounts will remain the same throughout 2025. In fact, it will not be until January 2026 when retirees aged 62 or older may benefit from a new COLA. The latest projection from the Senior Citizens League says the <strong>2026 COLA<\/strong> could be about 2.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Social Security payments are generally deposited on the second, third, or fourth Wednesday in March. While some retirees aged 62 or older got benefits on March 3 because they began &#8230; <a title=\"Social Security Payment for 62-Year-Olds on March 26\" class=\"read-more\" href=\"https:\/\/futbolete.com\/us\/social-security-payment-62-year-old-1343-march-26\/\" aria-label=\"Read more about Social Security Payment for 62-Year-Olds on March 26\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":36902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[51,41,37],"class_list":["post-36900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-payment","tag-retirement","tag-social-security"],"_links":{"self":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/36900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/comments?post=36900"}],"version-history":[{"count":0,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/36900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media\/36902"}],"wp:attachment":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media?parent=36900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/categories?post=36900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/tags?post=36900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}