The Social Security Administration (SSA) has not confirmed a payment of $1,700 to senior citizens aged 62 and above starting in 2025. Currently, the minimum retirement benefit starts from $1,360 for seniors over 62 years old and increases to $2,710 for those over 70 years old.
To determine eligibility, applicants must meet certain conditions, including being at least 62 years old with income near the poverty line in the US. They must also have worked for a minimum of ten years and accumulated maximum work credits during their service.
Although this payment is not confirmed, SSA provides a pension calculator on its official website to help people calculate their current benefits based on their age and income.
Other expected payments include a $499 increase in April 2025 for Social Security, SSI, and SSDI benefits.
To receive the maximum amount of retirement payments under the SSA, applicants should contribute and wait until they reach complete retirement age.
Source: https://dpradhanbjp.com/ssa-approves-1700-retirement-check-for-all-62-year