In the next week, thousands of United States citizens may get a new Social Security retirement check. If we are eligible for this check, payment will be coming very soon, so we need to pay attention to our checking account. Only two requirements are necessary, so if we meet them we are on the list.
If we are not on this list of beneficiaries, it is possible that the check is already in our checking account. At the end of the day, the next Social Security payment will be the last one for retirees this month. Thus, the January Social Security payment schedule will end and we will have to wait until February to get the new retirement check again.
Requirements for the next Social Security payment
Only two requirements need to be met to get the next Social Security payment, as we have already mentioned. The payment of this benefit depends on which group of retirees we are in. Only if we are in group 4 of retirees will we be able to get this benefit.
In this sense, we must meet these two requirements:
- Have a Social Security retirement check accepted after May 1997.
- Have your birthday between the 21st and 31st of any month.
It does not matter the type of retirement, the year of birth or the amount we get. The only important thing to get the check on January 22nd is to meet these requirements. If you activate Direct Deposit, the payment will appear immediately in your checking account. If not, we will have to wait only a few days until we can enjoy it.
How do I maximize my Social Security payment?
Actually, if we already have the Social Security payment requested, we will not be able to maximize the payment. But if we have not yet applied for a retirement check, we can have a maximum monthly payment. The maximum check in 2025 is $5,180.
To obtain the maximum possible Social Security payment we must take into account three elements. On the one hand, the retirement age. On the other hand, the years worked. Finally, the salary during those years worked.
Thus, the closer we are to retiring at age 70 with a high salary after having worked 35 years, the closer we will be to getting the maximum retirement check. Not everyone can reach the maximum benefit, but at least we can get the largest Social Security check within our options.