On July 10, hundreds of Americans might receive a special payment from the Social Security Administration (SSA). This direct deposit will go to people who started getting Social Security benefits from May 1997 onward and have birthdays between the 1st and 10th of any month. If you meet the conditions, this payment could be as high as $4,873.
Who Will Get Payments on July 10?
Eligibility Criteria
To qualify for the maximum payment of $4,873 on July 10, you need to meet these criteria:
- Start Benefits at Age 70: You must have begun collecting Social Security benefits when you turned 70.
- Work History: You need to have worked and paid payroll taxes for at least 35 years.
- High Earnings: You must have earned the maximum taxable amount for Social Security for 35 years.
If you meet all these requirements, you’ll receive the highest payment. If you don’t, you’ll get a smaller amount based on your situation.
Payments for Other Birthdays in July
Different Payment Dates
If your birthday falls between the 11th and 20th of any month, you will get your payment on July 17. For birthdays between the 21st and 31st, the payment will be on July 24. The eligibility rules are the same:
- Filed for Social Security at Age 70
- Worked in Jobs Covered by SSA
- Worked for at Least 35 Years
- Earned the Maximum Taxable Amount for 35 Years
Special Payment on July 3
Who is Eligible?
There will also be a special payment on July 3 for those who started receiving benefits before May 1997. To qualify for this payment, you must be at least 97 years old.
Summary
To sum up, if you started receiving Social Security benefits from May 1997 onward and your birthday is between the 1st and 10th, you might receive up to $4,873 on July 10. Make sure you meet all the requirements for the maximum benefit. Payments for other birthdays will be made on July 17 and July 24.
What are the requirements for receiving the maximum payment on July 10?
To get the maximum payment of $4,873, you must have started collecting benefits at age 70, worked for at least 35 years, and earned the maximum taxable amount for Social Security during those years.
What if my birthday is between the 11th and 20th of the month?
If your birthday falls between the 11th and 20th, you will receive your payment on July 17.
When will payments be made for birthdays between the 21st and 31st?
Payments for birthdays between the 21st and 31st will be made on July 24.
Who is eligible for the special payment on July 3?
The special payment on July 3 is for people who started receiving benefits before May 1997 and are at least 97 years old.
What should I do if I believe I qualify for the payment but haven’t received it?
If you think you qualify but haven’t received your payment, contact the Social Security Administration for assistance.