2025 Social Security Payments: Dates, Eligibility & Benefit Increases
Social Security Payments: February 2025 Schedule and Benefit Updates Social Security payments are being sent out this week for beneficiaries with birthdays between the 1st and 10th of any month. Those eligible can expect their monthly payment on Wednesday, February 12 . To qualify for Social Security benefits, you must be at least 62 years old and have worked while paying Social Security taxes for at least 10 years . How Much Will You Receive? The amount you receive depends on your lifetime earnings and the number of years you’ve contributed to the system. In 2025 , the average retirement benefit will increase by $49 per month , rising from $1,927 to $1,976 due to the cost-of-living adjustment (COLA) . This adjustment helps retirees maintain their purchasing power amid inflation. February 2025 Social Security Payment Details The maximum monthly payment for retirees who claim benefits at full retirement age (67) is $4,018 . If you claim benefits at the earliest eligible age ...