In 2024, Social Security checks reached a maximum figure of $4,873. However, not every worker in the United States can get such a check. Each of the checks is totally different, but it is possible to maximize the amount received.
Of course, we must plan ahead for retirement. If we do not plan everything around the Social Security check, we will not be able to have an adequate amount. Therefore, knowing the rules that make up the monthly check is key to being able to get the best retirement check within our means.
How to get a Social Security check of $4,873 in 2024
There are three sections that make up Social Security in 2024. These three sections are retirement age, salary as a worker, and years worked. If we maximize these three aspects we will have a better chance of achieving a good retirement payment in our golden years.
In this regard, we should keep in mind that there is no way to reach the largest possible check from Social Security without planning for these three items. But if we do, we will have a good monthly check that will make our benefit grant us enough money for the entire month.
Retirement Age
The minimum retirement age to get Social Security is 62. However, we must keep in mind that to get the highest possible payment we must wait until age 70. Any check requested before age 67 has a penalty, so it is best not to think about retirement at age 62.
Working wages before Social Security
If our salary as a worker is very small we will get a very small check. This is because we will have paid very little taxes while working. So the more money we earn in wages, the better Social Security check we will get.
Years Worked
Before applying for a Social Security payment we must work a minimum of 10 years. But that does not mean that it is advisable to work that many years. It is advisable to work close to 35 years or even more. Each year not worked under 35 years will reduce our benefit enormously.