Social Security payments are set to go out to thousands of Americans this week. The payments will be made on February 19 to a specific group of retirees known as Group 3. To be eligible for this payment, retirees must have started receiving their Social Security benefits after May 1997.
They must also have a birthday that falls between the 11th and the 20th of any month. The increased payment is part of the Social Security Administration’s adjustments to help retirees manage inflation. The Cost of Living Adjustment (COLA) is designed to ensure that retirees’ purchasing power is not eroded by rising costs.
While Social Security checks can reach a maximum of $5,180 per month, the actual amount each retiree receives varies. Factors like lifetime earnings and the age at which they started receiving benefits play a role.
Social Security payment schedule for retirees
Retirees who claim their Social Security benefits at the full retirement age receive a maximum monthly payment of $4,018. Those who start receiving benefits at age 62 get a maximum of $2,831 per month. Delaying retirement until age 70 allows for a maximum monthly benefit of up to $5,108.
In 2025, Social Security’s COLA was 2.5%, the smallest since 2021 as inflation eased. Despite this, prices remain elevated and are straining household budgets. The Social Security Administration recommends waiting three working days before contacting the agency if a payment is not received on the expected date.
Saturdays, Sundays, and public holidays are not considered working days. This adjustment will help alleviate some of the financial pressures faced by retirees. It offers them more stability and support in the face of ongoing economic challenges.
