Who is eligible for Social Security latest payment of up to $4,873

The Social Security payment you’re referring to is likely the maximum monthly benefit amount for someone who has reached full retirement age in 2024. To be eligible for the maximum benefit, you generally need to meet the following criteria:

1. Work History: You must have worked for at least 35 years and earned the maximum taxable earnings for those years. Social Security benefits are based on your earnings history, and the maximum benefit amount is typically reserved for those who have consistently earned at or above the Social Security taxable maximum.
2. Full Retirement Age: To receive the maximum benefit, you must start your Social Security retirement benefits at your full retirement age (FRA). For those born in 1960 or later, the FRA is 67. Starting benefits before FRA results in a reduced monthly amount, while starting after FRA increases the monthly benefit up to age 70.
3. Contribution to Social Security: You must have paid Social Security taxes on your earnings throughout your career. This is typically done through payroll deductions or self-employment tax payments.
4. Eligibility for Benefits: You need to have accumulated enough “credits” through paying into Social Security. Most people need 40 credits, which equates to about 10 years of work.

For exact eligibility details and to check your potential benefits, you can visit the Social Security Administration’s website or contact them directly.

Social Security latest payment of up to $4,873 release date

Social Security payments are typically distributed according to a set schedule each month, but the specific dates can vary based on your birthdate and the type of benefit you receive.

For retirement benefits, payments are usually made on the following schedule:

• For those born on the 1st through the 10th of the month: Payments are made on the second Wednesday of each month.
• For those born on the 11th through the 20th of the month: Payments are made on the third Wednesday of each month.
• For those born on the 21st through the 31st of the month: Payments are made on the fourth Wednesday of each month.

The exact dates for Social Security payments can be found on the Social Security Administration’s website or by checking your online Social Security account. For the most current and specific information, it’s always best to refer to official resources or contact the Social Security Administration directly.

How to get Social Security latest payment

To receive your Social Security payment, follow these steps:

1. Ensure Eligibility: Confirm that you meet the eligibility requirements for Social Security benefits. This typically means you are either retired, disabled, or have a qualifying family member who has passed away.
2. Apply for Benefits: If you haven’t done so already, you need to apply for Social Security benefits. You can do this online at the Social Security Administration (SSA) website, by phone, or in person at a local Social Security office.
   • Online: Visit the SSA’s official website at www.socialsecurity.gov and use the online application services.
   • Phone: Call the SSA at 1-800-772-1213. They can help you start your application or provide information on your benefits.
   • In-Person: Visit your local Social Security office. Find your nearest office on the SSA website.
3. Set Up Direct Deposit: Social Security payments are typically made via direct deposit. You can set this up when you apply for benefits or by updating your information through your My Social Security account on the SSA website. Direct deposit ensures your payments are deposited directly into your bank account, reducing the risk of lost or stolen checks.
4. Check Payment Schedule: Payments are usually made on a set schedule based on your birthdate and the type of benefit you receive. You can check the schedule on the SSA website or by logging into your My Social Security account.
5. Monitor Your Benefits: Keep track of your payments through your My Social Security account. This account allows you to view your payment history, check your benefit amount, and manage your information.
6. Report Issues: If you experience any issues with receiving your payment, such as delays or discrepancies, contact the SSA immediately to resolve the problem.

For the most accurate and personalized information, especially regarding payment dates or amounts, your My Social Security account and direct communication with the SSA are your best resources.