:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/HGADO4RSLFBXZOSQGUSFRE4JYU.jpg "Social Security: beneficiaries and amounts of the Social Security payment for Wednesday, April 3 | MIX")
April payments from the United States Social Security Administration have begun for beneficiaries, with amounts ranging from hundreds to thousands of dollars. The first round of payments started on April 3, with more to follow throughout the month.
April 2024 is payment month for Social Security recipients, and it is crucial to be aware of the schedule to ensure you receive your rightful benefits. According to the SSA website, the maximum Social Security payment for this month is $2,710, with the primary requirement being to be 62 years old in 2024. However, there are other factors to consider to qualify for this payment.
To access the $2,710 benefit, individuals must apply for Social Security at age 62. Retiring early at this age may result in a significant reduction in the retirement fund, so it is advisable to delay retirement until age 70 to receive increased monthly payments. Additionally, a minimum of 35 years of work covered by the SSA is required, along with receiving the maximum taxable amount for 35 years.
The April 3 payment is issued to retirees who received contributions before May 1997, as well as other beneficiaries who meet the necessary requirements. However, for those who do not qualify for the April 3 payment, checks will be distributed on April 10, 17, and 24 based on the beneficiary’s name day.
In addition to Social Security payments, the United States government also provides assistance through programs like SNAP coupons, which offer benefits to low-income individuals and families to purchase nutritious foods from authorized retail stores.
Stay informed about the latest developments in Social Security to ensure you receive the benefits you are entitled to.