March Supplemental Security Income checks, worth up to $967 for individual filers, will be sent to eligible recipients. On Feb. 28, the Social Security Administration will issue SSI payments to eligible citizens,

If you’re like most seniors, you’ll rely on  Social Security to provide a good portion of your income once you retire. But, it can be hard to figure out exactly what role Social Security will play in supporting you if you don’t know how much money you’ll get from the benefits program.

Since average earnings tend to rise over time, you'd expect to see younger workers -- those with higher average monthly earnings -- receive larger checks. And we do see this to some extent. A 70-year-old claimer took home an average of about $2,037.54 in December 2023.

The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in one day. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.

Social Security is a cornerstone of retirement income for many Americans, yet the amount you receive isn't set in stone. Understanding how to optimize your benefits can significantly impact your financial future.

Social Security spousal benefits depend on the claim age of the spouse and the primary insurance amount (PIA) of the retired worker on whose record they claim benefits. The term PIA references the benefit a retired worker will receive if they start Social Security at full retirement age (FRA), which is age 67 for anyone born in 1960 or later.

If you're part of group 2 pensioners, you might receive your payment as early as February 12, 2025. Here's what you need to know to ensure you receive your benefits on time and make the most of your financial planning.