Some retirees aged 70 will receive a monthly payment of up to $5,108. This is the maximum Social Security benefit the Administration has set in 2025. However, only those American workers in retirement who meet all the conditions can receive such a large check or direct deposit.
For your information, to achieve a Social Security payment worth $5,108, you must have earned the contribution and benefit base for 35 years. This is the taxable maximum and only in 2025, it is $176,100. Other requirements are also essential. Take for example having jobs covered by SSA, filing at 70 and working for 35 years.
Who will receive a Social Security payment of $5,108 in 12 days?
If you meet the previously mentioned requirements, you must also meet the birthday requirement to qualify for the set payday. Therefore, you can receive a Social Security payment, regardless of the amount, if you were born from the first to the tenth.
Keep in mind that the payment in 12 days is due on Wednesday, February 12, 2025. Some retirees aged 70 may not qualify for this payday. If you were born from the 11th to the 20th, your payday will be February 19, 2025.
Or you could also receive your monthly payment on February 26, 2025. This is possible as long as your birthday falls from the 21-31. Social Security will send an early payment on February 3, but this is only for retirees:
- on benefits before May 1997
- on SSI and Social Security simultaneously
Which other possible amounts can retirees get from Social Security in 12 days?
There can be many different payment amounts. This is because workers pay a certain amount of taxes and retire at different ages. Remember that you can file as early as 62 years old or as late as 70.
On average, retired workers can get about $1,976 after the COLA increase. Spouses of retired workers can get about $930 on average. Children of retired workers who qualify get about $917 on average.
As for the maximum amount at 62, retirees can get up to $2,831. If you file at Full Retirement Age, you can receive a Social Security payment of up to 4,018 dollars.
