The second round of June’s Social Security payments is set to be distributed on June 18, 2025. These payments, which can amount to as much as $5,108 for retirees who delay their retirement until age 70, are a key aspect of the ongoing benefits program managed by the Social Security Administration (SSA).
The exact distribution dates for Social Security payments depend on the retiree’s birth date, with checks arriving in waves throughout the month. According to Washington Examiner, the distribution is organized in such a way that beneficiaries receive their payments based on specific birth periods each month.
When Will the Check Arrive?
Social Security payments are typically issued on the second Wednesday of each month, with subsequent distributions made in waves.
The timing of these payments depends on the retiree’s birth date. Those born on or before the 10th of the month received their payments on June 11.
For beneficiaries born between the 11th and 20th of the month, checks will arrive on June 18. Those born on or after the 21st of the month will see their payments on June 25.
How to Maximize Your Social Security Check
The amount of a Social Security check is influenced by several factors, including the recipient’s retirement age, the amount contributed to the system, and the number of years spent paying into Social Security.
Retiring at age 62, the earliest eligible age, provides up to $2,831 per month.
However, waiting until age 70 can increase the monthly benefit to as much as $5,108, according to SSA estimates.
Retirees can use the SSA’s online calculator to get a personalized estimate of their monthly payments.
How Is Social Security Financed?
Social Security is funded primarily through payroll taxes paid by both employers and employees.
These taxes are collected to ensure that beneficiaries receive the payments they are owed.
However, projections show that without legislative intervention, Social Security payments could decrease starting in 2034 due to an increasing number of retirees and a shrinking workforce contributing to the system.
When Are You Eligible for Social Security?
Individuals are eligible to begin receiving Social Security payments at the age of 62.
This is the earliest possible age to start drawing benefits, though the monthly amount will be reduced compared to waiting until a later age.
With continued demographic shifts and the financial challenges facing the system, future Social Security beneficiaries may see changes to the amount they are entitled to unless corrective measures are taken by Congress.
