by WASHINGTON, D.C. — Millions of Americans are set to receive their next round of Social Security payments this week, with some eligible for checks worth up to $5,108, according to the Social Security Administration (SSA).
Why It Matters
The SSA provides monthly retirement, disability, and survivor benefits to over 70 million Americans, serving as a vital source of income for retirees, individuals with disabilities, and survivors of deceased workers. These payments are typically distributed once a month but are staggered to manage the high volume of recipients.
Who Gets Paid This Week?
On Wednesday, July 9, payments will be sent to retirees, spousal beneficiaries, and survivors whose birthdays fall between the 1st and 10th of any month.
If you do not receive your scheduled payment on July 9, the SSA advises waiting three working days before contacting them. Weekends and public holidays do not count as working days.
Remaining Payment Dates for July
- Wednesday, July 16: For those with birthdays between the 11th and 20th
- Wednesday, July 23: For those with birthdays between the 21st and 31st
How Much Are the Benefits?
As of May 2025, the average monthly Social Security benefit for retired workers reached $2,002.39. However, individual payments vary based on work history and the age at which a person begins collecting benefits.
The maximum monthly benefit amounts are as follows:
- Up to $2,831 for those retiring at age 62
- Up to $4,018 for those retiring at the full retirement age of 67
- Up to $5,108 for those who delay claiming benefits until age 70
According to SSA officials, benefit amounts are calculated based on a worker’s highest 35 years of earnings, which generally increases over time due to wage growth.
New Tax Break for Seniors
In a related development, President Donald Trump signed the One Big Beautiful Bill Act last week, introducing a new tax break for older Americans.
The bill includes:
- A $6,000 increase in the standard deduction for individuals aged 65 and older, effective from 2025 through 2028
- The deduction phases out for individuals earning over $75,000 and married couples earning more than $150,000
While Trump has promised to eliminate federal income taxes on Social Security benefits, that measure remains blocked by congressional rules preventing such changes through the reconciliation process.
Nevertheless, SSA officials say the new tax break means nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits.
