Two days before February is over, there will be a monthly payment for some 62-year-olds who meet these conditions. Social Security has confirmed that there will be a payday on February 26, 2025.
This payday will be yours if you are on Social Security retirement benefits and you were born after the 20th. So, between the 21st and the 31st. Moreover, you must have filed and received benefits after April 30, 1997. If you are on SSI and retirement benefits, this will not be your payday. But who can receive so much money? Only a few eligible retirees.
$2,831 Social Security check: eligibility
For your information, this payment amount will only be for those workers who:
- filed at 62
- worked in jobs that paid payroll taxes to SSA
- earned the contribution and benefit base (taxable maximum) for 35 years
- so, you worked for a minimum of 35 years, sometimes you may need more if you failed to achieve the previous requirement
February 26 will bring all sorts of Social Security amounts. For example, the average for all ages and all retirees is $1,978. After the 2025 Cost-of-Living increase, 62-year-olds can receive about $1,343, up from $1,311.
Who will receive Social Security after February 26?
If you do not qualify for a Social Security payment of up to $2,831 on February 26, there will be 4 more paydays in March.
- March 3: if on Social Security before May 1997
- March 3: if on retirement benefits and Supplemental Security Income simultaneously
- March 12: if born from 1-10
- March 19: if your birthday falls from 11-20
- March 26: if your birth date is from 21-31
Higher payment amounts are also possible on February 26 and in all the March payments. For example, if you have filed at 70, you can receive up to $5,108 in 2025. Another possibility to get more than $2,831 is to have filed at Full Retirement Age. The maximum retirement benefit payment at Full Retirement Age is worth $4,018 in March 2025.