Millions of Americans will receive a new monthly payment from Social Security in February 2025. This calendar may bring surprises because there is one group of recipients who will not get their monthly payment in February. Instead, it will be issued on January 31. So, if you are on Supplemental Security Income (SSI), your check or direct deposit will be delivered 24 hours ahead of schedule.
The first Social Security payment for retirees will be due on February 3, 2025. The are two different ways to qualify for this payment once you have gotten approval from SSA. The first one is to have started collecting retirement benefits before May 1997. Another option is to have a low income and to be receiving SSI simultaneously.
Social Security payment calendar for February
The retirement benefit payments on February 3 are just for two large groups of retirees. However, there are many more recipients who will collect their monthly direct deposit or check later in the month. See the full calendar for February below:
February 3: If on SSI and Social Security at the same time
February 3: If on retirement benefits before May 1997
February 12: if born from 1-10 and on benefits after April 30, 1997
February 19: if born from 11-20 and on benefits after April 30, 1997
February 26: if born from 21-31 and on benefits after April 30, 1997
As a matter of fact, not only can retirees receive Social Security payments on these dates, but also SSDI recipients who meet the same requirements the Social Security Administration has set.
Social Security payment amounts in February
The average payment in retirement is about $1,976 after the 2025 COLA increase. If things remain like in the previous year, the February payments in retirement may be a couple of dollars higher in February but on average.
Remember that your Social Security payments only increase once per year if there is inflation. The maximum benefit possible in retirement is $5,108 if you worked for 35 years and earned the contribution and benefit base all those years in jobs covered by SSA. Filing at 70 is also required to get this huge payment.
FAQs
1. What is the maximum Social Security retirement payment in February 2025?
The highest Social Security retirement benefit in February 2025 is $5,108 per month, but only for those who delayed their benefits until age 70 and had a high earnings record.
2. How much will I get if I retire at 62 in 2025?
If you retire at 62, your maximum Social Security benefit in February 2025 will be $2,831 per month due to early filing reductions.
3. What is the Social Security payment at Full Retirement Age (FRA) in 2025?
If you retire at FRA (67 for most people), the maximum Social Security benefit in February 2025 is $4,018 per month.
4. Will there be a Cost-of-Living Adjustment (COLA) increase in February 2025?
Yes, Social Security benefits increased due to the COLA adjustment, which is approximately 2.5% in 2025. This results in slightly higher payments than in 2024.
5. Will Supplemental Security Income (SSI) payments arrive in February 2025?
Yes, SSI payments are usually sent on the 1st of each month, but since February 1, 2025, falls on a weekend, the payment will be issued on January 31, 2025.