Social Security Checks of up to $5,108 To Be Paid Out This Week
March 3, 2025
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Some Social Security beneficiaries will be getting their payments directly into their bank accounts on Monday.
Why It Matters
Social Security benefits provide essential income for approximately 72 million Americans.
What To Know
Retirement checks are always issued throughout each calendar month, and are usually determined by the claimant’s birth date or the length of time they’ve been receiving benefits. Supplemental Security Income (SSI), which supports elderly, blind and disabled individuals with limited income and assets, is typically paid at the beginning of each month.
This week, those who have been collecting Social Security benefits since before May 1997 and those retirees who also collect SSI benefits—which were paid on February 28—will be paid on Monday, March 3.
Stock image/file photo: A Social Security card and U.S. Treasury check with U.S. Dollars. Stock image/file photo: A Social Security card and U.S. Treasury check with U.S. Dollars. GETTY
Further payments to those who have been claiming since after May 1997 will be made throughout March, usually on a Wednesday.
If you have not received your monthly payment on the expected date, the SSA recommends waiting three working days before contacting the agency. Saturdays, Sundays and public holidays are not considered working days.
How Much Can I Get?
How much you get depends on various factors, including how much you earned during your working years and the age at which you chose to start collecting.
To claim Social Security benefits, you must:
Be aged 62 or older, and
Have worked and paid Social Security taxes for 10 years or more.
On its website, the Social Security Administration (SSA) explains: “The maximum benefit depends on the age you retire. For example, if you retire at full retirement age in 2025, your maximum benefit would be $4,018.
“However, if you retire at age 62 in 2025, your maximum benefit would be $2,831. If you retire at age 70 in 2025, your maximum benefit would be $5,108.”
While these are maximum amounts, how much you actually get could be different, as it depends on your lifetime earnings and the number of years you have paid Social Security taxes for. The average retirement check issued in January 2025 was $1,976.
What Happens Next
The SSA is currently undergoing a wide range of changes due to recent executive orders issued by President Donald Trump.
The SSA announced last week that it would be undertaking workforce reductions through voluntary early retirement for those over 50 years of age who meet certain service requirements, and resignation for other staff members. Employees who take either of these options would be eligible for voluntary separation incentive payments.
The SSA has also announced a number of changes to its operations, including the closure of field offices and internal departments.
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