Social Security has confirmed that there will be a new retirement payment on February 19, 2025. The thing is, this will only be the payday for some eligible retirees in the United States. The Agency has set a few requirements to check if you qualify for this payment or not.
For example, you will not qualify if you are receiving Supplemental Security Income simultaneously. Another group of retirees who will not qualify will be those who started receiving Social Security retirement benefits before May 1997. The key requirement to receive this check or direct deposit will be the birth date of the recipient.
Retirement benefit payments on Feb. 19
To qualify for the February 19, 2025, retirement payment, you must have been born from the 11th to the 20th. For your information, if you were born before the 11th, your payday will be February 12 instead.
Both payments are due on Wednesdays. Just like the final retirement payment on February 26, 2025. This last check will be in your bank account if your birthday is from the 21st to the 31st.
Any of these payments are about $1,976 on average. However, if you worked for 35 years and earned the taxable maximum all this time in jobs covered by SSA, you could get up to $5,108 if you retired at 70.
PFD right after the retirement payment
If you live in the State of Alaska and you have not collected the PFD payment yet, there is an important payday coming soon. The Department of Revenue in Alaska claims that there is a new payday on February 20, 2025.
Eligible recipients can check its status online. Thus, if it says “Eligible- Not Paid” on February 12, your PFD payment will be issued on February 20. So, it will be sent a day after retirement payments are delivered by the Social Security Administration.
Remember that those who did not apply for PFD payments in 2024, can still file an application in 2025. The deadline to claim this 2025 PFD payment will be March 31, 2025.
