Starting on the second Wednesday of February 2025, the Social Security Administration (SSA) will begin distributing payments to beneficiaries of the retiree program that feeds millions of Americans after they leave the labor market.
The dates established for these deposits are February 12, 19 and 26, depending on the day of birth of each person. Those with birthdays between the 1st and 10th of any month will receive their payment on February 12. Beneficiaries born between the 11th and the 20th will have their deposit on February 19, while those with birthdays between the 21st and the 31st will receive their money on February 26.
Some Social Security payments were moved
In addition to regular retirement payments, the SSA administers the Supplemental Security Income (SSI) program, payments for which are typically made on the first day of each month. However, because February 1st was on a Saturday, the corresponding deposit was brought forward to January 31st. It may seem like you won’t receive payments in February, but don’t be confused: in total, beneficiaries will receive 12 payments over the course of a year.
What’s more, the SSI payment for March will also be brought forward because the 1st of that month falls on a Saturday. So, these payments will be sent on February 28. This means that the next payment will be made only on April 1.
As for retirees, their March payments will follow the same structure as in February, with scheduled deposits and no particular changes: they were set for March 12, 19 and 26, depending on their date of birth.
The tricks to obtain the maximum retirement amount in 2025
Social Security sets a maximum payment of up to $5,108 for certain select retirees, but not all beneficiaries are eligible to receive this amount. To reach the maximum amount, they must first have delayed retirement until age 70, since those who apply for benefits before their Full Retirement Age (FRA) receive a reduced payment.
Calculating the monthly benefit is not child’s play, it is a complicated and totally incomprehensible formula, but it is carried out by SSA experts. It is based on the 35 years with the highest income of the worker. Only those who have maintained a high and constant salary, close to the Social Security taxable limit (which in 2025 will be approximately $168,600 annually), can hope to receive the maximum amount.
Additionally, to qualify for any Social Security benefit, it is necessary to have accumulated at least 40 work credits, which is equivalent to 10 years of formal work. However, to achieve the highest pay, a longer career with high income is required. Delaying withdrawal until age 70 maximizes the monthly benefit, bringing the maximum amount to $5,108 in 2025, while requesting it before FRA reduces the payment permanently and, let me tell you, quite a bit compared to waiting until age 70. .
