The Social Security Administration sends United States pensioners a check each month with the amount of their benefit. This amount depends very much on the individual history of the retirees, but can be as high as $4,558 maximum in 2023.
Regardless of the dollar amount in our Social Security check, the Administration will send it to us on a month-to-month basis. Moreover, this happens without any delay on a regular basis. There are sometimes occasional delays, but they are not the Administration’s fault. If we do not receive our cheque on time, it is very likely that there is some other external factor that slows down the delivery.
Anyway, next Wednesday is another different mailing day, so retirees can be in luck. Those who have applied for retirement with Full Retirement Age could collect up to $4,558 in this check, although it’s not common to receive such a large amount from Social Security. Will you be receiving your next pension check?
Who gets the next Social Security check?
Retirees born between the 11th and 20th of the month will receive their new check in just a few days. To be exact, February 15 is the day on which Social Security will send the new check to these pensioners. Therefore, if you were born between those days you can have a new check with dollars in your pocket next Wednesday.
Also, remember that if you activate Direct Deposit you will be able to have this money immediately. That’s why it’s best to activate this collection method, since receiving your Social Security pension by bank deposit could delay this payment by up to 3 days.
Maximizing the retirement pension by age
There is a way to maximize the age retirement pension. If we want to collect a monthly Social Security check of up to $4,558, we need to follow three basic tips that will help us tremendously in reaching our goal.
- Delay retirement age.
- Work for at least 35 years.
- Have a high salary as a worker.
If we retire at age 70, our check could go up to the maximum Social Security check. On the other hand, this would not be possible if we did not work for at least 35 years. The minimum number of years of work before applying for Social Security is 10 years, but this will give us a very low monthly check.
Finally, wages are very important. Our Social Security check depends on the taxes we have paid as workers, so it is important to have the highest possible salary while we are working.