People over 65 who are still working might be able to get Social Security retirement benefits. To get retirement checks or direct deposits, you must be at least 62 years old. This is the first thing you need to think about. There’s also the fact that you must have worked, and not all jobs pay taxes to the government.
This means that even if you worked for 40 years, you would not be able to get Social Security retirement benefits. This often happens to people who have lived and worked abroad their whole lives. There are times when the local, state, or federal government could give you your money. Then the SSA rules will be different for you.
Have you earned at least 40 work or Social Security credits?
You can apply for retirement benefits if you are at least 62 years old and have earned 40 work credits. Forty work credits are equal to ten years of work. Based on how much you make each year, it could be more sometimes.
You only need to log in to your my Social Security account to see how many credits you have earned so far. You can get your Statement through it.
This way, you can find out if you can retire at age 62 and get income. It will also show you the amounts that are possible at different ages. Remember that if you start getting Social Security at age 62, your payment will be less.
Social Security retirement benefit payments in December
After you apply for retirement benefits, you have to wait for SSA to say yes. Once a month, you might get your payment on December 3, 11, 18, or 24. For instance, if you just applied and want to get a payment on December 3, you can only do so if you are also getting Supplemental Security Income.
People who sign up for Social Security on December 11, 18, or 24 must have been born on any of the following dates:
- December 11: born from 1-10
- December 18: born 11-20
- December 24: born 21-31
The amount of your payment will depend on your work history and previous earnings. On average, payments will be about $1,927 in December 2024. The 2025 COLA increase of 2.5% will be issued in January 2025.
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