Social Security benefits reach their beneficiaries every month. And many United States citizens are getting these benefits. To be exact, 9 out of 10 Americans over the age of 65 are collecting a retirement check.
This fact makes me think that being part of the list of retirees is not something totally out of place, quite the contrary. In addition, it is also true that we can find ourselves not only with Social Security retirement payments by age, but by other different categories.
In my case, the Social Security payment is directly dependent on age retirement. Having met the requirements, the retirement check arrives every month once I have applied for it. And this payment has a specific amount, but each American gets his or her own.
In the sense of retirement, it is mandatory to have some conditions within our life. If we meet those conditions, the Administration will pay us a Social Security check every month.
What requirements do I have to meet for Social Security?
The requirements I have to meet in order to get Social Security are to get a retirement age check. There are two specific requirements, but meeting them does not ensure that you will get a large check.
These are the requirements that every American must meet to get a monthly check:
- Be 62 years old.
- Have worked in jobs covered by Social Security for at least 10 years.
In my case, since I have worked more than 10 years and have reached age 62, the monthly payment is already affordable for me. In this case, retirement payments always arrive on the second Wednesday of each month, but each group of Americans gets their payment on a different day.
How do I extend my retirement check?
The retirement check can reach $4,873, but that does not mean that everyone can get this payment. What’s more, at the time I applied for my benefit I can no longer increase this check each month.
If I take this into account, I could also have access to Supplemental Security Income, but that is another type of benefit. In order to improve our monthly Social Security check, we will need to plan ahead for retirement.
To get the biggest check within our means, we will need to work 35 years at a good salary. We should also wait until we are 70 years old. Only then will we get the best possible Social Security payment.