If you are one of those who is eagerly awaiting Social Security deposits, March 2025 comes with good news. The Social Security Administration (SSA) now has everything ready to distribute the money. Were you born between 1 and 10? On March 12 you receive the deposit as a monthly cash. If your birthday is from the 11th to the 20th, write down the 19th, and if it is from the 21st to the 31st, the 26th.
Now, you’re probably wondering how much you could receive. The average is around $1,850, which is not bad for 2025, but there is a number that sounds like a dream: $5,108 per month. Yes, it is real, although it is not for everyone. The majority (94%) do not reach that figure, so don’t worry if it doesn’t touch you. The important thing is that you have what you need for a peaceful and unhurried old age.
Social Security’s $5,108 club: how to get in without magic tricks?
Achieving that maximum amount is not a matter of random luck. There are three keys to being part of this exclusive group. First, you need 35 years of high salaries: in 2025, we’re talking at least $176,100 a year for three and a half decades. If you ever earned less, the maximum is a bit beyond you. Second, patience: delaying retirement until age 70 gives you an extra 24%. And third, inflation works in your favor with the 2.5% COLA adjustment this year.
There are no shortcuts, but it is not impossible either. If you want to know how you are doing, the tool at ssa.gov/estimator is your ally. There you can simulate how much you would have if you retire at age 67 or if you decide to work until age 75. Also, review your 40 credits and correct errors in your work history. A misrecorded year can count as zero, and that hurts in the final calculation.
SSI payments: an important fact for March
If you receive Supplemental Security Income (SSI), note this: there will be no deposit in March. But calm down, it’s not like they’re taking anything away from you. Since March 1st is a Saturday, the SSA advances the payment to February 28th. So the money arrives sooner, and you don’t lose a cent. This program is key for those who need a financial boost, such as older adults or people with disabilities.
SSI does not depend on your work history, but on your current situation. The maximum amounts in 2025 are $967 if you are alone, $1,450 for couples and $484 for essential people, such as caregivers. Be careful, this can go down if you have other income or live with someone else. Some states, like California, add extra, so check your local rules.