Knowing the general schedule of the United States Social Security benefit check payments is key to good family finances. If a household has only one Social Security check as its sole source of income, knowing when it will be received is always a relief.
Although it is not advisable to have a Social Security disability or retirement pension as the only money, this situation is very common in the United States. And that is why organization is vital, since it can make a whole family live peacefully and with enough money to pay all the monthly expenses.
In addition to this, there is also an extra payment that we can apply for from Social Security. This is the Supplemental Security Income payment. This payment can be very beneficial for users with disabilities, as it can grant up to $914 per month. However, not all retirees are eligible for this check.
Do all users with disabilities get the next Social Security check?
The next Social Security checks are not for all users with disabilities. Although the Social Security Administration does send checks to all users during the days of the month, the next of the payments will not be available to all groups of pensioners. However, it is important to remember that the timing of the schedule has nothing to do with the type of benefit.
On the other hand, what we do need to keep in mind when putting on the calendar on which day we will receive our retirement payment is the date of the birthday. Depending on the day of the month in which we were born, Social Security will pay us on one Wednesday or another. The next of the groups to collect Social Security retirement benefits will be users with disabilities born between the 21th and 31st of the month. The payment day is next March 22nd. That is the last pension check for Disability users in this month.
Is it possible to collect the maximum check of $4,558 with disability?
When it comes to receiving a Social Security check there are two main possible options. There are also other types of checks from the Administration for spouses, widows, widowers, orphans, etc. However, the main ones are the age retirement payment and the disability payment.
The maximum check from the Social Security Administration is $4,558 per month. Although many U.S. citizens think that this check can be achieved with the disability pension, this is not the case. To reach the maximum check, it is necessary to meet certain requirements and apply for the age pension, not the disability pension.
What is the maximum SSDI pension?
If we apply for a Social Security SSDI benefit we will get a maximum of $3,627 per month. This is by meeting all the requirements that increase the benefit money, so it is unusual to find yourself with this large amount of money.
The most common Social Security disability pension is around $1,800 per month. However, it is very common for users with disabilities to be able to apply for Supplemental Security Income, so they have more money every month.
How to get the maximum Social Security check?
If we talk about the Social Security Age Retirement Pension, the maximum check is $4,558, as we have previously discussed. To reach this high figure, we have to follow the following steps:
- Delay retirement age. Retirees who apply for their check at age 62 lower their Social Security benefit by 30%. In order to reach 100% of the check, we have to wait until age 67 before applying for retirement. To reach the maximum amount, you must wait until age 70 before you stop working.
- Have a high salary. A high salary is the key to get the biggest possible check. When we work we are paying taxes and those taxes are what make the Social Security check bigger. So the higher the salary, the higher the retirement benefit in the future.
- Work at least 35 years. The average retirement benefit by age is made up of the 35 years worked with the highest salary. If we work less than those years, we will get a lower monthly payment. So we must reach that minimum number of years worked.
By taking these three aspects to the maximum, we can achieve a big Social Security check without the need to reach the top. It is not necessary to receive $4,558 every month to have a good golden years.
Can I apply for SSDI and Social Security at the same time?
It is impossible to apply for a disability benefit and Social Security at the same time. This is because they are actually two equal benefits. The benefit category does not matter other than for the final amount of the check.
So to the question, “Can you apply for disability benefits and Social Security at the same time?” the simple answer is no. So when the time comes that you have to decide, you should apply for the benefit that best fits your pocket.
Is the disability benefit or age retirement better?
This question is very difficult to answer because it all depends on one’s background. For many citizens who apply for the disability benefit, the time of reaching 62 years of age is more convenient to apply for the age retirement benefit. Years worked and salary as a worker are critical in this regard.
Still, you can use a calculator to determine which of the two benefits will give you a better Social Security check. If you want to change benefit types, this is possible. However, we can only have one of the two benefits at a time, so choose which one you would prefer to have before making your final decision.
Regardless of the type of benefit you have, the day you receive it depends on your date of birth. For this reason, the day you receive your Social Security check will not change whether you apply for disability retirement or age-related benefits.