A FRESH round of Social Security payments is set to hit Americans’ bank accounts today.
But only those with their dates of birth falling within a certain range will receive today’s money.
Payments can vary depending on how much a recipient earned during their career[/caption]
While the Social Security Administration issues monthly benefits to more than 70 million people, the distribution of these payments is often staggered.
This week’s payments will apply to anyone with dates of birth between the 21st and 31st of any calendar month.
The money being handed out today relates to retirement, spousal and survivor benefits.
The average monthly benefit for a retired worker in May 2025 was $2,002.39, according to Newsweek.
But payments can vary depending on how much a recipient earned during their career and the age at which they began collecting.
The maximum possible payment is $5,108 per month for those who opt not to claim Social Security until the age of 70.
Americans who choose to take payments from age 62 cuts the maximum to just $2,831.
Claiming from 67 pushes it back up to $4,018.
Beneficiaries are also likely to see an increase in the payments in the forthcoming year.
According to Newsweek, current predictions put the annual Cost of Living Adjustment (COLA) at around 2.5 per cent.
The One Big Beautiful Bill Act signed into law by President Trump will see the standard deduction for those aged 65 and over raised by up to $6,000 between 2025 and 2028.
However, elsewhere other Americans are losing $1,000 payments as a guaranteed income program comes to an end.
The scheme was aimed at supporting those living in poverty in Los Angeles, California.
But Breathe has now come to an end, which paid out $1,000 monthly to randomly selected participants.
But the website confirms that the initial program period for Breathe has now closed.
The program released videos from some of its beneficiaries thanking it for the help it gave them.
Single mother of five Darien spoke of how little help she normally gets.
She said: “I don’t get a lot of help.
“For the next couple of years that I get it, I’m able to save up.”
