Anticipation Builds for Social Security March Payments
Birthdates Determine Payment Dates
According to the Washington Examiner, retired people all over the United States are excited about their Social Security March payments. This money is really important for many older folks. The Social Security Administration has a plan for when they’ll send out the Social Security March payments. If you were born between the 1st and 10th of the month you’ll get your money first on March 13. Others will get theirs on March 20 or March 27 depending on their birthday.
READ ALSO: More Details About The Tax Filing Statuses To Determine Which Tax Forms To Fill Out, Tax Credits You Are Eligible For, Etc.
Understanding Social Security Benefits
The amount of Social Security March payments money you get depends on when you retire. If you wait until 70 you can get up to $4,873 a month. Retiring at 62 means you’ll get a maximum of $2,710 monthly. Every year the amount increases slightly to match the cost of living this year it’s going up by 3.2%. Seniors eagerly await their Social Security March payments and can use an online tool from the Social Security Administration to check their monthly benefits. Social Security provides crucial stability and security for many seniors helping them live comfortably in their later years.