When Will You Get Your $3,822 Social Security Payment? Key Dates for 66-67-Year-Olds
Are you expecting your Social Security payment in less than 48 hours? If your birthday falls between the 1st and 10th of any month, you could be eligible to receive your payment on December 11, 2024, provided you meet certain criteria. To qualify for this direct deposit or check, which can be as high as $3,822, you must have been receiving benefits after April 30, 1997. Additionally, you must not be receiving Supplemental Security Income (SSI).
Who Will Receive Payments on December 11, 2024?
The Social Security Administration (SSA) will issue payments to those who meet these requirements on December 11, 2024. However, individuals who:
- Receive SSI
- Were already receiving benefits before May 1997
will not receive their Social Security payment on this date. These groups will have their payments issued at a later date. Additionally, those born between December 11 and December 20 will get their payments on December 18, 2024.
How Much Can You Receive?
The amount of your Social Security payment depends on your work history and how much you earned during your career. In 2024, the highest Social Security payment is $3,822. However, to receive this maximum benefit, you must meet the following criteria:
- Be at least 66 years and 8 months old (the Full Retirement Age in 2024).
- Have worked for 35 years in jobs covered by Social Security and earned the taxable maximum amount during those years.
- Have filed for Social Security benefits at Full Retirement Age.
If you are younger than 66 years and 8 months, your payment will be lower than the maximum amount. Those who opt to delay retirement and file at age 70 could receive up to $4,873 in monthly benefits.
Key Reminders:
- December 11: Social Security payments will be issued for those born between the 1st and 10th of any month (who meet the other requirements).
- December 18: Payments for those born between the 11th and 20th will be made.
- If you were already receiving Social Security benefits before May 1997, your payment will be issued on January 3, 2025.
By understanding these payment schedules and requirements, you can ensure you receive your benefits on time and in the correct amount.