The Social Security Administration (SSA) is set to distribute another round of payments on Monday, February 3, 2025. This latest batch includes retirees, survivors, and recipients of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). With an average payment of around $2,000, this boost helps many Americans keep up with the rising cost of living.
Payment Increases in 2025
Social Security benefits have increased by 2.5% this year due to the Cost-of-Living Adjustment (COLA). This adjustment has raised both average monthly benefits and maximum benefit amounts, providing more financial relief to beneficiaries.
Category | 2024 Amount | 2025 Amount |
---|---|---|
Average Retired Worker Benefit | $1,927 | $1,976 |
Maximum Benefit at Age 62 | $2,710 | $2,831 |
Maximum Benefit at Age 70 | $4,873 | $5,108 |
Payments on February 3
The February 3 payments will go to individuals who began receiving benefits before May 1997. If you fall into this category, you should see your payment via direct deposit or paper check, depending on your payment method.
Other Social Security recipients will receive their payments later in the month based on their birth dates:
Birth Date | Payment Date |
---|---|
1st โ 10th | February 14 |
11th โ 20th | February 21 |
21st โ 31st | February 28 |
Additionally, at the end of February, the SSA will send out March’s SSI payments in advance.
Payment Is Delayed
If you were expecting a payment on February 3 but haven’t received it, hereโs what you should do:
- Wait at least three business days before contacting the SSA.
- Check your payment method (direct deposit is faster than mailed checks).
- Log in to your My Social Security account for payment status updates.
- Contact the SSA if your payment is still missing.
For more information, visit the official Social Security Administration website or call the SSA for assistance.
FAQs
Who gets a Social Security payment on February 3?
People who started receiving benefits before May 1997.
How much is the average Social Security payment?
The average monthly benefit is now $1,976.
When will other beneficiaries get paid?
Payments are sent based on birth dates on February 14, 21, and 28.
Why did Social Security payments increase in 2025?
A 2.5% COLA adjustment increased benefits to match inflation.
What should I do if my payment is late?
Wait three business days, check your SSA account, then contact SSA if needed.