In the United States, each citizen has a different Social Security retirement check. This implies that the monthly budget of each retiree will depend mainly on this monthly check. After all, 90% of retirees over 65 years old collect one of these checks.
While it is true that not everyone collects only Social Security exclusively, economic activity at the time of retirement is much lower than it used to be. So having the biggest check possible is a must to have the best golden years. And in 2024 there is a maximum check that is higher than in the previous year 2023.
Social Security maximum retirement check in April 2023
While it’s true that retirees may have supplemental payments like SNAP Food Stamps or Supplemental Security Income, ideally they don’t need it. That’s why getting the best retirement payment is key to having the best life possible.
And the biggest check this April 2024 for retirees at age 62 is $2,710. This payment could increase if we delay retirement age. It is good to remember that the minimum retirement age is 62, but that does not imply that it is mandatory to apply for Social Security at that age.
At 62 is the Early Retirement Age and that implies losing 30% of what we have contributed. So the $2,710 check is only for those Americans who have maximized both years of work and salary during those years.
When do the new Social Security retirement checks arrive?
In April the Social Security Administration will send out two more retirement checks. These checks will be on the 17th and 24th of this month. In order to qualify for these payments we will need to meet certain requirements.
The April 17th payment is for retirees with birthdays between the 11th and 20th of the month. It is also necessary to have the benefit as of May 1997. If our payment is from that month or later, we are in this group.
However, the last of the April 2024 retirement payments is the 24th. On that day, retirees with benefits after May 1997 and birthdays between the 21st and 31st of the month can collect their check without any problems.