The Social Security Administration arranges around five paydays each month. Four of these have already been distributed. However, there is a huge group of eligible retirees who can receive a payout of up to $2,710.
Of course, some may receive significantly more money than others. If you have not authorized a direct deposit and continue to receive paper checks, you may receive them on schedule, but there may be delays. So wait three postal days before reporting a lost or late cheque.
Who receives a payment from Social Security in just six days?
If you complete all of the requirements, you will receive this monthly payment in your bank account on August 28, regardless of the amount. So, let’s have a look at the whole list of requirements to receive it on the 28th. Payday Eligibility:
- born from 21-31 of any month
- not receiving Supplemental Security Income (SSI)
- started collecting benefits after April 30, 1997
- have remained eligible
Not everyone will receive the same amount of money, however. This is because the Social Security Administration will review your accomplishments while you work. Here’s a complete list of the prerequisites for receiving $2,710 in 2024.
Requirements to get a Social Security check of $2,710 on August 28
As of July 2024, the average payment for all retired workers is $1,919. As you can see, there is a significant difference in the maximum benefit payout for claimants aged 62, which is $2,710. Here are all of the prerequisites.
Requirements for eligibility include working for at least 35 years, earning at or over the taxable maximum for 35 years, filing for Social Security at age 62, and paying sufficient payroll taxes in Administration-covered occupations.
Don’t forget that even if you can qualify for a significant reward at 62, it will be quite tough. Delaying retirement might earn you approximately 24% every month. However, filing early at age 62 can cut your direct deposit or check by 30%.
