Social Security payment updates for February 2025

The Social Security Administration (SSA) will issue benefits this Monday to a select group of beneficiaries, with payments averaging nearly $2,000. The payments are part of the regular distribution schedule for February 2025, enhanced by the recent cost-of-living adjustment (COLA). Due to the 2025 COLA, which increased benefits by 2.5%, the average payment for retired workers has risen from $1,927 to $1,976. Disability benefits increased from an average of $1,542 to $1,580. The maximum federal monthly SSI payments for 2025 are also adjusted based on eligibility. Additionally, the maximum Social Security retirement benefit for 2025 has been updated according to the age at which beneficiaries claim their benefits: – Up to $2,831 – Up to $3,374 – Up to $3,795 – Up to $4,043 – Age 70 or older: Up to $5,108 The exact amount each person receives is calculated individually based on their earnings history and the age at which they claim benefits. On Friday, January 31, the SSA issued early February payments for SSI recipients due to February 1 falling on a Saturday. On Monday, February 3, another group of beneficiaries will receive their Social Security payments. This includes individuals who started receiving benefits before May 1997.

February Social Security payment schedule

Other beneficiaries will receive their payments according to a schedule based on their birth dates, with disbursements made on the Wednesdays throughout the month. – Monday, February 3 – Beneficiaries who began receiving payments before May 1997. – Wednesday, February 12 – Beneficiaries born between the 1st and 10th of the month. – Wednesday, February 19 – Beneficiaries born between the 11th and 20th of the month. – Wednesday, February 26 – Beneficiaries born between the 21st and 31st of the month. – Friday, February 28 – SSI beneficiaries (March payment issued early). If you are expecting a Social Security or SSI payment and it has not arrived by the expected date, the SSA recommends waiting at least three business days before contacting them. Payments are typically deposited directly into bank accounts, but if you receive yours by mail, delivery times may vary. For further details, visit the official Social Security Administration website or check your My Social Security account for payment updates.