Retirement payments in the United States arrive on different days of the month for different beneficiaries. Having a payment of this nature ensures that we have a fixed income, whether this is negative or not in our situation. Some Americans prefer to have variable income each month and others prefer to know in advance how much they will collect next month.
But it is true that having a monthly income, whether fixed or variable, can give a citizen great stability, both economically and mentally. With a fixed monthly payment we can make plans, look at what holidays we want to take and a thousand other things.
In the case of obtaining a monthly Social Security retirement payment, we can at least have that peace of mind. Only in this way can we make the monthly budget without problems. And in the month of March we find higher payments than in March of the previous year, so it’s good news.
Requirements for the new retirement payment
If you have an accepted retirement payment, you may soon receive one of the new checks from the Social Security Administration, but these checks have mandatory requirements. By meeting these requirements, we will be able to obtain this benefit without problems.
Even so, if we don’t meet the requirements there is nothing to worry about, as we will find more different payments during the month. The exact day of payment depends on which group of retirees you belong to.
The requirements for the new March payment, which will arrive on the 12th, are:
- Have an accepted benefit from after May 1997.
- Have the birthday between the 1st and 10th of any given month.
Only then will we be able to get this payment, so if we are not part of this group we will have to wait another week or two until we finally get the check. These payments will arrive on the 19th or 26th of the month, meaning that groups 3 and 4 will get their money at that time.
New maximum Social Security checks in March 2025
If we compare the payments for March 2024 and March 2025, we may find that this year’s check is larger than last year’s. Thus, the maximum payments of these benefits reach $5,180 for retirees who have maximized their benefits.
On the other hand, if the payment we have is for Disability, we will be able to get a check for up to $4,018, so we won’t have as high a check as when we retire at 70, but we will get a good amount nonetheless.
The payment we receive from Social Security in March 2025 will be the same as in the previous months of this year. So if you got your payment in February or January, you can now work out what the payment for the rest of this year will be.