The first week in April welcomes news to millions of retirees receiving Social Security benefits. Based on statistics as of February 2024, the average retirement benefit is $1,980 monthly. Meanwhile, the spouses of retired workers receive an average amount of $932 monthly based on their records.
Minimum and Maximum of Social Security Pension
This is a payment which can differ from each retiree. This for some can prove to be a lesser amount, while for some it can also be enough. Besides this, the maximum boundary of Social Security benefits has been determined as well. In the year 2025, it is possible that the maximum amount of Social Security benefit will be $5,108 per month, but at the age of 70 this will have to be applied for.
If an individual applies at his full retirement age, he is able to receive a maximum of $4,018 per month. Conversely, if an individual applies for Social Security at 62 in 2025, he is able to receive a maximum of $2,831.
April payment dates
The first Social Security pension payment is in the first week of April. This year, it is scheduled on April 3, 2025.
But all the retirees won’t receive this payment on this day. This payment on April 3 will only be received by those individuals who have been receiving Social Security benefits since earlier than May 1997. Otherwise, retired citizens receiving Supplemental Security Income (SSI) from the federal government too will receive payment on this day.
It should be noted that SSI is reserved for those citizens who earn low income. Due to this, retirees on SSI get a comparatively lesser amount of Social Security benefits.
Other Payment Dates after April 3
For retired citizens who are not on SSI and who started getting Social Security benefits after April 30, 1997, payments will be issued on other dates.
The Social Security Department will make payments in 3 phases during the month of April, which will be on Wednesdays. The dates for payment are as follows:
- April 9: If you were born between the 1st and 10th.
- April 16: If you were born between the 11th and 20th.
- April 23: If you were born between the 21st and 31st.
Conclusion
Social Security benefits are a crucial foundation of economic security for seniors. Your eligibility for the payment you receive in April depends on your retirement date and earnings.
In case you receive Social Security benefits, be aware of your actual date. In addition, if you plan on applying for Social Security at a later date, it is worthwhile to know when applying will bring you the best benefit.
FAQs
Q1. When will Social Security payments be issued in April 2025?
Social Security payments will be issued on April 3, 9, 16, and 23, depending on when the recipient started receiving benefits and their birth date.
Q2. Who will receive Social Security payments on April 3, 2025?
Recipients who started collecting benefits before May 1997 or those receiving Supplemental Security Income (SSI) will get their payments on April 3.
Q3. How much is the average Social Security payment for retirees?
As of February 2024, the average monthly Social Security payment for retirees is $1,980, while spouses receive around $932 on average.
Q4. What is the maximum Social Security benefit in 2025?
In 2025, the maximum monthly Social Security benefit will be:
$5,108 if filing at age 70
$4,018 at Full Retirement Age
$2,831 if filing at 62
Q5. How is the Social Security payment date determined for retirees?
If you started receiving benefits after April 30, 1997, your payment date depends on your birth date:
1st–10th: Paid on April 9
11th–20th: Paid on April 16
21st–31st: Paid on April 23