The Social Security Administration (SSA) will begin distributing payments to retiree program beneficiaries on the second Wednesday of February 2025, feeding millions of Americans after they leave the labor force.
These deposits will take place on February 12, 19, and 26, depending on each person’s birth date. Those with birthdays between the first and tenth of any month will receive their payment on February 12th.
Beneficiaries born between the 11th and the 20th will receive their deposit on February 19, while those born between the 21st and the 31st will receive their funds on February 26.
Some Social Security payments were moved
In addition to regular retirement payments, the SSA administers the Supplemental Security Income (SSI) program, which is typically paid on the first of each month. However, because February 1st falls on a Saturday, the corresponding deposit was moved to January 31st.
It may appear that you will not receive payments in February, but do not be confused: beneficiaries will receive 12 payments over the course of a year.
Furthermore, because March 1st is a Saturday, the SSI payment for that month will be brought forward. As a result, these payments will be sent out on February 28th. This means that the next payment will be made on April 1.
Retirees’ March payments will follow the same structure as in February, with scheduled deposits and no changes: they were set for March 12, 19, and 26, depending on their birth date.
The tricks to obtain the maximum retirement amount in 2025
Social Security has set a maximum payment of $5,108 for certain retirees, but not all beneficiaries are eligible to receive this amount. To receive the maximum amount, they must first postpone retirement until age 70, as those who apply for benefits before their Full Retirement Age (FRA) receive a lower payment.
Calculating the monthly benefit is not easy; it is a complex and incomprehensible formula that is carried out by SSA experts. It is based on the worker’s highest income over the previous 35 years.
Only those who have maintained a high and consistent salary close to the Social Security taxable limit (which in 2025 will be approximately $168,600 per year) can expect to receive the maximum amount.
Furthermore, to be eligible for any Social Security benefit, you must have accumulated at least 40 work credits, which is equivalent to 10 years of formal work. However, in order to receive the highest pay, a longer career with a high income is required.
Delaying withdrawal until age 70 maximizes the monthly benefit, bringing the maximum amount to $5,108 in 2025, whereas requesting it before FRA permanently reduces the payment, and by a significant amount when compared to waiting until 70.
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