$3,822 Social Security payment for eligible seniors aged 66 years and 8 months in 8 days
According to Vibes.okdiario, Retirees aged 66 years and 8 months might qualify for the largest Social Security payment on September 11, 2024, provided they meet specific requirements set by the Social Security Administration (SSA).
Requirements for the Largest Payment
To receive the maximum Social Security payment on September 11, retirees must:
- Not Be Eligible for SSI: Supplemental Security Income (SSI) payments disqualify you from this payment.
- No Benefits Received Before May 1997: You should not have received Social Security retirement benefits before May 1997.
- Born Between the 1st and 10th: Your birthdate must fall between the 1st and 10th of any month.
For example, if you were born on September 1, 1958, and meet the criteria, you could receive up to $3,822 on September 11, 2024. Ensure you have not received SSI or benefits before May 1997.
Also Read: California’s SSI Benefits Cover Only 22.2% of Living Expenses – See Where Your State Stands
Increasing Social Security Payments
While the maximum Social Security retirement benefit at Full Retirement Age is $3,822, it can be higher if you delay filing until age 70. Delaying retirement benefits increases your payment by 24% per month.
To maximize your benefits, consider:
- Continuing to Work: This can increase your earnings and, consequently, your benefits, especially if you are in good health.
- Earning More: Higher earnings lead to higher Social Security payments due to increased taxes paid to SSA.
However, some retirees might not qualify for the highest payment and may receive a lower-than-average benefit. In such cases, applying for Supplemental Security Income (SSI) might be advisable to supplement your income.
