7 Days Left for Eligible Retirees to Get $2,831 Social Security Payments at 62

Millions of citizens in the United States receive Social Security payments every month. In February 2025, eligible retirees at the age of 62 can receive an amount of up to $2,831. But this payment is only for those who meet all the eligibility conditions.

Payments under this program will be received on February 12, depending on one’s eligibility. Hence, about 7 days are left for your payment. Let us see who is eligible for this benefit and under what conditions. >

Who will be receiving payments on February 12?

The payment on February 12, 2025, for Social Security is intended for retired citizens born between 1 and 10. >

Your retirement start date will also matter. You will become eligible to receive payment on February 12 as long as you have not started receiving any retirement benefits before May 1, 1997. >

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If you are also receiving Supplemental Security Income (SSI), you will not receive this payment on February 12. SSI beneficiaries are paid on a different date.

Who will receive $2,831 on February 12?

If you want to receive the full Social Security payment of $2,831 at age 62, you must meet the following requirements: >

1. Filing at age 62:
   • If you applied for Social Security benefits at age 62, you may be eligible for this payment.
   • However, note that filing at this age may reduce the amount of your benefit by up to 30%.
2. Paid enough taxes:
   • You must have paid enough taxes to the SSA (Social Security Administration).
   • This requires that you have paid Social Security taxes for at least 35 years.
3. Worked for 35 years:
   • If you have worked for less than 35 years, your monthly payment amount will be reduced.
   • The SSA determines the benefit amount by taking an average of your 35 best-earning years.
4. Worked in jobs covered by the SSA:
   • Only credits earned in jobs that are covered under Social Security count.

If you are compliant with all conditions and thus entitled to the payment on February 12, the SSA will forward you an amount of up to $2,831.

Considerations for Termination

Your Social Security payment will be deposited into your bank account on February 12, 2025, if you have retired at age 62, along with ensuring that the other conditions set forth by the SSA are satisfied.

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Notably, filing at age 62 may reduce your monthly amount. If you want a bigger amount, it might be more advantageous to file late.

Since you will receive your payment in just 7 days, make sure that your personal and banking details are correct and up-to-date in the SSA records.

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