In February, those aged 65 and older who are already receiving Social Security retirement benefits can expect an additional payment. It’s important to note that the January payments have already been processed, so this new round begins as soon as February 3. On this date, some eligible recipients—specifically 65-year-olds—will see the next deposit or check from the Social Security Administration.
To be eligible for this payment, you must meet one of the following criteria: You either receive Supplemental Security Income (SSI) along with Social Security or have been collecting Social Security benefits since before May 1997. The amount you’ll receive depends on your work and earnings history, but on average, retirees can expect about $1,622.
For those 65-year-olds receiving benefits in February, there are multiple payment dates to be aware of. If you get your payment on February 3, there’s no need to expect a second one in February. However, if you do not receive it on the 3rd, the next payout will be on February 12. This date is reserved for individuals who were approved for benefits after April 30, 1997, and have birthdays before the 10th of any month.
Also Read – Final SSDI Payment Sent Today: February 2025 Disability Payment Details
If your birthday falls between the 11th and 20th of the month, your payment will be made on February 19. For those born after the 20th, February 26 is the expected date for the deposit or check.
One thing to keep in mind is the impact of the 2025 Social Security Cost-of-Living Adjustment (COLA). All Social Security payments in 2025, including the ones in February, will reflect a 2.5% increase, which is a bump over the 2024 amounts. While the 2026 COLA estimate is only 2.1%, this figure is based on current trends, and there could be significant changes over the next few months.
For 65-year-olds who haven’t yet filed for Social Security, it’s worth noting that delaying your filing until age 70 can result in a 24% higher monthly benefit. On the other hand, filing at Full Retirement Age guarantees you’ll receive the full amount of your entitled benefits.
This year’s Social Security updates highlight both immediate payments and potential future changes. Whether you’re 65 or older, it’s essential to stay on top of these deadlines to ensure you get the maximum benefits available.
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