Most people get around $1,900 a month from Social Security. But this amount can change depending on how much you earned and when you start getting benefits. For instance, if you start at age 62, you could get up to $2,710 a month. Waiting until age 67 could mean getting up to $3,822 each month.
If you wait until you are 70 to start receiving benefits and have paid into the system for 35 years, you could get the most money each month, which is $4,873.
Upcoming Payment Dates
The SSA will send the final Social Security payment for this month on June 26th for people born between the 21st and 31st. In July, payments will be made on the following dates:
2nd Wednesday (July 10th): Benefits for people born between the 1st and 10th that include money for retirement, surviving family members, and disabilities.
3rd Wednesday (July 17th): Benefits for people born on the 11th to the 20th.
4th Wednesday (July 24th): Advantages for people born in the last week of the month.
If your payment doesn’t come on the day it’s supposed to, wait three days before getting in touch with SSA customer service. You can also look on your My Social Security account online for any changes.
How to sign up for Social Security money?
Online Application
Signing up online is the simplest and most convenient way to start getting your monthly Social Security payments. Just make an account on the SSA website and follow the steps to apply.
By Phone
You can also sign up by calling the SSA’s free phone number at 1-800-772-1213 (TTY 1-800-325-0778). A person will help you with the application.
In-Person Application
If you have difficult questions or need help getting documents, go to the Social Security office near you. It’s best to call ahead and schedule a time to visit. You can call the national number or contact your local office.
Information Needed to Apply
- When you apply for Social Security, you will need to give simple details like:
- The number you use for Social Security and where you were born.
- List of previous employers and when you worked there in the last two years.
- Information about your current and past marriages, including your spouse’s Social Security number and birthdate, and the dates when you got married or divorced.
- Bank account details for setting up direct deposit.
- Names of kids under 18 or those who became disabled before age 22 who qualify.
Getting ready for retirement is very important to make sure you have enough money. Social Security payments are a key part of this, but they usually only cover a small part of your income before retirement. Knowing how these payments work and using the help that’s out there can help you get the most out of your benefits and get ready for the future.