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Social Security and average payments next week

Social Security and average payments next week

Retirees can receive a Social Security payment on the fourth Wednesday of the month if they meet some requirements. Those who applied after April 30, 1997, and are not on Supplemental Security Income already meet 2 key conditions. But they are not enough.

Social Security will ensure retirees are born on specific days only. Those born from the 1st to the 20th do not qualify for the March 26 payment in the United States.

Social Security payment if born on these days

Only those retirees born from the 21st to the 31st will collect the next payment on the 26th. Although they are the last ones to collect their monthly payments in March, there will be new direct deposits in April for other retirees.

Here is the Social Security payment schedule if you were born on a different date or if you filed for retirement benefits before May 1997. Besides, you can see your payday if you are on SSI and retirement.

  • March 26: retirees born from 21-31 (not receiving SSI and on benefits after April 30, 1997)
  • April 1: SSI payment for all eligible recipients
  • April 3:
    • retirement benefit payment for those who filed before May 1997
    • retirement benefit payment for those on SSI simultaneously
  • April 9: born from 1-10
  • April 16: born from 11-20

Social Security checks and deposits average amounts

As of January 2025, the average payment retirees get is approximately $1,978. Bear in mind that many retirees may get completely different amounts from the Administration.

In fact, there are no fixed amounts. The amount of money you get every month depends on your work history and filing age, but other factors may also affect it. The maximum benefits for 2025 are up to $5,108 for those who filed for retirement benefits at 70 and meet 3 more conditions.

Since they qualify for delayed credits, their benefit is much higher than if they had filed at Full Retirement Age or at 62. To get so much money you must have worked for 35 years in jobs that pay payroll taxes to SSA and you must have earned the taxable maximum all those years (or more).

Tags: paymentretirementSocial Security

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