In the month of February 2025, beneficiaries who are covered by the Social Security Administration (SSA) will receive their payments according to a specific schedule established by the agency and operating at the federal level. Deposits will be made on three days of the month: February 12, 19 and 26, corresponding to the second, third and fourth Wednesday, respectively.
This Social Security schedule is based on each beneficiary’s date of birth. Those born between 1 and 10 will receive their payment on February 12, those born between the 11th and 20th will receive it on February 19, and those born between the 21st and 31st will receive the deposit on February 26th. These payments are for benefits of the Social Security retirement program, while sharing dates with Social Security Disability Insurance (SSDI) patients.
How is the Social Security schedule defined?
For those receiving retirement, survivor or disability benefits, payments are scheduled based on the day they were born. Those born between the 1st and the 10th of the month receive their payment on the second Wednesday.
On the other hand, those born between the 11th and the 20th of the month receive their payment on the third Wednesday. Finally, beneficiaries born between the 21st and the 31st receive their payment on the fourth Wednesday of the month.
If you’re a Supplemental Security Income (SSI) recipient, this kind of payment comes every first day of the month, except when that day falls on a weekend or holiday. In such case, the payment will be moved forward to the closest work day (usually a Friday). If you received Social Security before May 1997 or if receiving both Social Security & SSI, Social Security is paid on the third day of every month and SSI on the 1st (or closest workday when corresponding).
More money coming to Social Security recipients in a few days
For their part, beneficiaries of the Supplemental Security Income (SSI) program have a different schedule, since they normally receive their payment on the first day of each month. However, because February 1, 2025 falls on a weekend, the corresponding deposit will be advanced to January 31. This will be the last payment for January and the only one remaining pending for this month.
The maximum Social Security benefit for February 2025 is set at $5,108 per month, a significant increase from the $4,873 offered in 2024. The amount that each person can receive depends on multiple factors, with retirement age being one of the most relevant.
The amount that each individual can receive from Social Security benefits is determined by a bunch of factors, being retirement age one of the most important aspects. This is due to the structured payment system implemented by the SSA, which uses a set of rules and formulas to calculate benefits based on an individual’s earnings record and the age at which they choose to claim their benefits.
How does the SSA calculates my retirement payment?
At the core of this calculation lies the Primary Insurance Amount (PIA), which is the monthly benefit a person is entitled to receive if they begin collecting Social Security at their Full Retirement Age (FRA). The FRA is determined by the year of birth, with most beneficiaries falling between 66 and 67 years old, depending on the gradual increases legislated by Congress. Claiming benefits at FRA ensures that individuals receive 100% of their earned benefits as calculated by the SSA.
Additionally, those who decide to retire at age 62 will receive a maximum of $2,831 per month, while those who reach full retirement age will be able to access $4,018 per month. On the other hand, beneficiaries who decide to delay their retirement until age 70 will be the only ones who will be able to receive the maximum payment of $5,108.
All of these payments were met by the 2.5% cost of living adjustment (COLA), an annual increase decided by the SSA based on the consumer price index known as CPI-W, and which is intended to help beneficiaries avoid the increase of the cost of goods and services will reduce their purchasing power.