Millions of individuals depend on Social Security for their monthly costs, and the Social Security Administration (SSA) is getting ready for a fresh round of benefit payments in August 2025.
This benefit is meant for a relatively limited number of beneficiaries who have fulfilled stringent conditions over their working lifetimes, even though the payment amount may fluctuate.
The quantity of the payment, which is distributed throughout the month in accordance with a set schedule, is crucial to the majority of beneficiaries. With an emphasis on retirees who fulfill the conditions, the next round of SSA payouts starts this week.
Who can receive Social Security payments?
Retirees: People who have worked and paid Social Security taxes during their working years.
People with disabilities: Those who suffer from a disability that prevents them from working.
Family members of beneficiaries: Payments can also be extended to certain family members of a retired, disabled or deceased worker.
Who receives the first SSDI payment in August?
The beneficiaries’ dates of birth determine when payments are made. Beginning in the second week, they come every Wednesday of the month.
What is the maximum amount you can get from Social Security?
People who wait until age 70 to apply for the benefit, can receive up to $5,108, which is the maximum amount.
