Getting a new payment each month from the Social Security Administration and thus enjoying a retirement is possible if we meet certain requirements. If you were born between the 1960s and 1970s, you may very well be eligible to get one of these monthly payments.
The type of benefit and the amount will depend on several factors, but what is certain is that we will be able to request a retirement check from the Social Security Administration in most cases if we were born between these years.
Of course, we must take into account all the factors surrounding the Social Security benefit. In addition to meeting the date of birth we must also meet other different requirements, such as a minimum number of years worked. The ideal is to check all the requirements well to see if we can have access to the check.
Americans born 60’s-70’s get a new Social Security
Those Americans born in the year 1962 or any time before can get an age-based retirement payment as of today. This means that if you have already reached age 62, the retirement payment can be yours as long as you meet other requirements.
These requirements are that you must have worked a minimum of 10 years prior to applying for a check. In addition, to maximize the payment, you must also have earned a high salary before applying to the Social Security Administration for retirement.
But in the case of being born in ’63 or any later year we could also get a retirement payment. But in that case we should be aware of the following categories of the Social Security Administration:
- Disability.
- Widowhood.
- Spouse.
These are the three main retirement benefit categories other than worker’s retirement. So if you were born in 1963 or later, you must fall into one of these categories in order to apply for retirement. In addition to that, the amount of each of the categories is totally different.
Regarding this, it is true that the maximum obtained by the Social Security Administration in retirement is $4,873 per check per age, but only if we apply for payment at age 70. In the case of applying for retirement at age 62 we will get a much smaller check, reaching a maximum of $2,710 per month.