If you have not collected your Social Security retirement benefit in February yet, it is more than likely that you will receive either a check or direct deposit on Wednesday.
Social Security’s payment schedule reveals that there is a payment for retirees on February 26, 2025. Therefore, this will be the last payment in February for retired workers. However, the Agency has also confirmed a completely different payday on Friday.
Social Security on Feb. 26 & SSI on Feb. 28
While retirees will get a monthly payment on February 26 if they were born from the 21st to the 31st, all SSI beneficiaries will get it on February 28, 2025. As a matter of fact, it will be the only payday for SSI for the next month.
Yes, these SSI payments were scheduled in advance to avoid delays because Social Security cannot schedule payments on the weekend. Both SSA offices and banks are closed on Saturdays, so March 1, 2025, cannot be the normal payday.
Remember that while this will be the only payday for SSI, it will be the fourth for retirees. Those retirees who are on SSI do not qualify for the February 26 payment. Nor those on Social Security benefits before May 1997.
Social Security and SSI payment amounts
The maximum amounts for SSI will be:
- $967 for individuals,
- $1,450 for eligible married couples, and
- $484 for an essential person
The maximum payment amounts for retirees on February 26 will be:
- $5,108: if you filed at 70, worked for 35 years in jobs covered by SSA and you earned the contribution and benefit base for 35 years too
- $4,018: the same as before but you filed at Full Retirement Age
- $2,831: the same as before but you filed at 62
On average, retirees can get about $1,978. This is the amount that SSA announced in its Monthly Statistical Snapshot, for January 2025. If you filed at 62 and you just worked for 10 years, you may receive a lower-than-average payment though.