Retirees aged 70 and above are set to receive the first round of August 2025 Social Security payments in just 10 days, starting on Wednesday, August 13. The maximum monthly payment for those who delayed retirement until age 70 has now increased to $5,108, according to the Social Security Administration (SSA).
Let’s break down when payments will arrive, how the system works, and how you can maximize your monthly check.
When Will You Get Your August 2025 Social Security Payment?
The SSA sends out retirement benefits in three waves each month. The payment date is based on your birthdate, not your retirement age.
Here’s the August 2025 schedule:
August 13 (Wednesday): For those born between the 1st and 10th of any month
August 20 (Wednesday): For those born between the 11th and 20th
August 27 (Wednesday): For those born on or after the 21st
These payments are for Social Security retirement benefits only and do not include SSI (Supplemental Security Income), which follows a different schedule.
When Do You Become Eligible for Social Security?
To qualify for monthly Social Security retirement benefits, you must be at least 62 years old. However, the longer you wait to claim, the higher your monthly payment could be. You can apply online at ssa.gov or visit your local SSA office for assistance.
How Much Will You Receive?
The amount of your Social Security check depends on three main factors:
When you retire
How much you paid into Social Security during your working years
How long you contributed to the system
Here’s how age impacts payments:
Retiring at age 62: Up to $2,831 per month
Retiring at age 70: Up to $5,108 per month (maximum for 2025)
To see your estimated monthly benefit, you can use the SSA’s official calculator available on their website. It gives a personalized forecast based on your work and income history.
How Is Social Security Funded?
Social Security is funded through a payroll tax shared by employers and employees. Each paycheck includes contributions that go into the Social Security trust fund.
However, there is growing concern about the future of the program. Due to an aging population and fewer workers contributing, analysts believe the Social Security Administration may only be able to pay partial benefits starting in 2034, unless Congress takes action to fix the funding gap.
Tips to Maximize Your Monthly Benefit
If you’re planning for retirement and want to get the most from Social Security:
Delay your retirement if possible, especially beyond age 62
Work for at least 35 years to avoid low-earning years reducing your benefit
Earn more during your working years, since higher income increases contributions
Check your earnings record for accuracy on the SSA website
The first round of August 2025 Social Security payments will arrive on August 13 for retirees born between the 1st and 10th of any month. Payments continue on August 20 and 27 based on birthdates. While maximum monthly benefits for those retiring at age 70 have risen to $5,108, the amount each person receives depends on their earnings and retirement age. With concerns growing about Social Security’s future, it’s more important than ever to understand your options, plan early, and use tools like the SSA’s benefits calculator to prepare wisely.
