Some retirees will get their monthly Social Security payment this week - while others may have to wait until later in April.
Social Security recipients will begin receiving their monthly payments from the Social Security Administration this week.On Wednesday, April 10, retirees will begin receiving their monthly payments from the SSA. Social Security payments are made to retired individuals aged 65 and over, qualifying disabled people and survivors of deceased claimants.
However, if you retire at age 62 in 2024, your maximum benefit would be $2,710. If you retire at age 70 in 2024, your maximum benefit would be $4,873.'For those who receive other types of SSA payments, such as disability and survivor benefits, the numbers are not the same. Those receiving Social Security Disability Insurance are likely to receive less than retirees, with the average amount currently standing at $1,537.
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