It’s possible that retired people did not get their Social Security money in September. If you are at least 62 years old and haven’t gotten your payment yet, it’s likely that you will get it on September 25 through direct deposit or cash.
If you are 62 years old and have worked at least 40 years, you can apply for Social Security. It took about ten years of work to finish this. But they will have to pay 30% less. If you file after age 70, you may get an extra 24%. You can choose to have more or less money.
Requirements for the next Social Security payment
It doesn’t really matter how old you are as long as you’re at least 62 and have permission from the Administration. The day you were born is what matters. This is how the Agency sets up the last three payments for retirees every month.
People born early in the month get the money first. On September 25, 2024, people born between July 21 and July 31 will get money. After that, in less than 24 hours, they will get a new direct payment or check.
Remember that the next times you will get paid if you get Social Security or Supplemental Security Income are October 1 for SSI and October 3 for retirement income. Beginning on or before May 1997, people who got SSA benefits can also get retirement benefits on October 3.
Maximum Social Security amount on September 25
Since the 2025 COLA raise won’t happen until January 2025, the most that retirees can get will stay the same. In this case, if you file at age 62, the most you can get is $2,710.
In 2024, the Full Retirement Age is 66 years and 8 months. People who file at that age can get up to $3,822. But in 2024, people aged 70 and up will get the biggest Social Security checks.
You could get $4,873 from SSA If you file at 70 and:
- Have worked for 35 years
- Have earned the taxable maximum all those years
- Had jobs covered by SSA
- Applied for retirement benefits and do not break any rules