The Social Security Administration (SSA) has announced the payment schedule for February 2025. Retirees can expect to receive their benefits on specific dates based on their birth date and the type of benefits they receive. Supplemental Security Income (SSI) payments will not be issued on February 1, 2025.
Instead, the February SSI payment will be made on February 28, ahead of the March schedule. This is to ensure that beneficiaries do not have to wait beyond the first of the month to receive their payment. For retirees who started collecting benefits before May 1997, their payment will be made on February 3, 2025.
Those with birthdays falling between the 1st and the 10th of the month will receive their payment on February 12, 2025. If a retiree’s birthday falls between the 11th and the 20th, their payment will be issued on February 19, 2025. Lastly, those with birthdays between the 21st and the 31st will receive their payment on February 26, 2025.
The average payment amounts for 2025 vary based on the age of retirement.
February benefit dates and amounts
At age 62, retirees can expect to receive up to $2,831.
Those who retire at the full retirement age can receive up to $4,018, while those who delay retirement until age 70 can receive up to $5,108. High earners have the option to receive the maximum payments in retirement. Retirees with lower payments can apply for SSI and SNAP simultaneously to supplement their income.
It is important to note that Social Security is administered at the federal level, and payment dates are determined by federal regulations. If a payment date coincides with a federal holiday, the payment is typically issued the day before the holiday. Retirees should always check their eligibility and payment schedule in advance to plan their finances accordingly.
The SSA provides a personalized estimate of expected monthly benefits through their online calculator. As the number of retirees increases and the workforce diminishes, analysts warn that the SSA may face challenges in providing full payments to recipients as early as 2034. Congress may need to intervene to address this issue and ensure the long-term sustainability of the Social Security program.
