Overview

• Retirees born on the 1st–10th are scheduled to be paid Oct. 8, those born on the 11th–20th on Oct. 15, and those born on the 21st or later on Oct. 22.
• Maximum monthly amounts vary by claiming age, with up to $2,831 at 62 and up to $5,108 at 70, according to the Social Security Administration.
• Workers can claim between ages 62 and 70, and full retirement age is 66 years and 8 months for people born in 1958, rising to 67 for those born in 1960 or later.
• The SSA allows people past full retirement age who have not filed to request up to six months of benefits retroactively, but doing so erases delayed credits, reduces future checks, and can lower survivor benefits.
• Large retroactive payments can increase the share of benefits subject to income tax and may push income over thresholds that raise Medicare premiums, while analysts warn full benefits could be at risk by the early 2030s without congressional action.