Final hours until another round of $5,108 Social Security payments hits accounts weeks before checks hit all-time high

THERE are just hours left before Americans see the second round of regular Social Security payments in June hit their bank accounts.

As the SSA distributes the checks worth up to $5,108, beneficiaries are seeing their monthly payments climb higher and higher.

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The Social Security Administration is preparing to send out checks worth up to $5,108 in just hours[/caption]

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Retirees are seeing their monthly payments slowly increase due to a number of factors[/caption]

The federal agency hands out monthly retirement, disability, and survivor benefits on a preset schedule.

Americans who filed for Social Security after May 1, 1997, receive their payments on the second, third, or fourth Wednesday of each month, with the exact day dependent on their birthdays.

For example, those born between the 1st and the 10th of their birth month should have already received their payment on June 11, which is the second Wednesday of the month.

Another round of June checks is set to go out tomorrow, June 18, which is the third Wednesday in June.

Those payments will be given to beneficiaries with birthdays between the 11th and 20th of their birth month.

The fourth Wednesday of the month falls on June 25, when retirees born between the 21st and 31st of their birth month will get their checks.

Americans who began claiming Social Security prior to May 1997 should have received their payment earlier this month on June 3.

Each beneficiary receives a different amount each month from the government based on their lifetime earnings and the age that they started claiming their checks.

The 2.5% cost-of-living adjustment, or COLA, announced last fall boosted Americans’ Social Security payments to account for inflation, raising the average monthly retirement benefit from $1,927 in 2024 to $1,976 starting this year.

The COLA also bumped up the maximum monthly benefit for individuals who retire at age 70 this year from $4,873 last year to $5,108.

Additionally, the adjustment capped those who retire at their full retirement age, or FRA, this year at $4,018 each month and Americans who retire at 62 at $2,831.

ON THE RISE

Due to factors beyond just the annual COLA, Social Security recipients are seeing the average monthly retirement check slowly tick upwards.

The average surpassed $2,000 for the first time last month, increasing 4.5% from the $1,916 average in May 2024 to $2,002 in May 2025, according to the SSA’s Monthly Statistical Snapshot.

While the milestone applies only to Americans on retirement benefits – a group that comprises roughly 75% of the 69.6 million Social Security beneficiaries – the average monthly payment across all recipients was $1,858 last month.

In addition to the 2.5% COLA that took effect in January, other factors such as demographic changes in the beneficiary pool contributed to the record high monthly retirement benefit.

As some beneficiaries pass away or others begin claiming their benefits, the fluctuations help shape the overall average retirement benefit amount.

If those newly claiming benefits have a history of higher lifetime earnings compared to those who left the Social Security program, the average check would naturally shift upwards.

When the Social Security Fairness Act was passed into law in January, the average retirement benefit also likely saw an increase.

Social Security beneficiaries may see the average retirement benefit reach a new all-time high this month, according to the SSA’s Monthly Statistical Snapshot due in July.

This could surpass the previous benchmark of $2,002, achieved in May 2025.

As the average monthly retirement check increases, Social Security users risk losing $3,500 a year under a new retirement change plan that could impact 257 million people.

Meanwhile, Social Security recipients will see a huge $40.70 bump to COLA next year according to crucial reason.