$1343 Social Security Payment Set for 62-Year-Old Retirees on March 26

Social Security continues to serve as a critical financial support system for millions of Americans after retirement. In March 2025, many retirees are looking forward to receiving their monthly benefits — and if you’re eligible, you could be receiving the $1343 Social Security payment on March 26.

Let’s break down who qualifies, how this amount is calculated, and what to expect going forward.

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Who Will Receive the $1343 Social Security Payment on March 26?

If you’re wondering whether you’ll be part of the group receiving the $1343 Social Security payment on March 26, 2025, here are the key qualifications:

You began receiving Social Security benefits after April 30, 1997.
You are not receiving SSI (Supplemental Security Income).
Your birthday falls between the 21st and 31st of any month.
Your application for benefits has been approved by the Social Security Administration (SSA).

For those who began collecting benefits before May 1997 or are SSI recipients, payments are typically sent earlier in the month — in this case, on March 3.

Why $1,343? Understanding the Payment Amount

The $1343 Social Security payment applies primarily to those who retire at age 62 — the earliest eligible age. While early retirement provides faster access to benefits, it also reduces your monthly payments by up to 30%.

In 2025, due to the 2.5% Cost-of-Living Adjustment (COLA), the average benefit for a 62-year-old retiree has increased from $1311 in 2024 to around $1343. The COLA ensures that Social Security keeps pace with inflation and rising living costs.

Is It Possible to Receive More Than $1343?

Yes, while many retirees will receive the $1343 Social Security payment, some can receive significantly more — up to $5,108 per month in 2025. However, this amount is reserved for individuals who:

Had maximum taxable earnings throughout their working years.
Waited to claim Social Security until age 70 to benefit from Delayed Retirement Credits.
Met all eligibility requirements set by the SSA.

If you’ve consistently earned a high salary and delay retirement, you could potentially unlock this higher tier of Social Security income.

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What’s Coming in 2026: Will Payments Increase?

While the maximum Social Security benefit amount will stay the same throughout 2025, retirees can expect another increase in January 2026 thanks to a new COLA adjustment. According to early projections from the Senior Citizens League, this increase could be around 2.2%, which means your benefit might go up again next year.

How to Secure Your Social Security Payment

To make sure you receive your March 26, 2025 Social Security payment without delays:

Double-check your eligibility: Log in to your SSA account at ssa.gov.
Keep your bank details up to date for direct deposit.
Watch out for scams: SSA will never ask for personal or banking details via unsolicited calls or emails.
Track your payment: Use your SSA account or call 1-800-772-1213 for assistance.

Final Thoughts

The $1343 Social Security payment scheduled for March 26, 2025, is part of a structured payout designed to support early retirees. If you meet the eligibility criteria and have filed your paperwork correctly, this amount will be deposited directly into your account.

Planning to retire soon? Consider the long-term impact of early retirement on your monthly benefits — and stay informed about future COLA increases that could boost your income down the line.

FAQs

Q: Who gets the $1343 Social Security payment on March 26, 2025?
A: Retirees born between the 21st–31st of any month, who applied after April 30, 1997, and are not on SSI.

Q: Can I receive more than $1343 per month?
A: Yes, if you had high lifetime earnings and delay retirement until age 70, you could qualify for up to $5,108 monthly.

Q: Will payments increase in 2026?
A: A 2.2% COLA adjustment is expected in January 2026, which could boost monthly payments.

Q: What happens if I retire at 62?
A: Your benefit is reduced by up to 30%, but you gain early access to Social Security.