Overview

• The first round of December Social Security payments will be issued on December 11, followed by payments on December 18 and December 24, depending on beneficiaries' birth dates.
• Retirees who delay claiming benefits until age 70 can receive up to $4,873 per month, while those retiring at age 62 may receive up to $2,710 per month.
• The average Social Security payment in 2025 is projected to be $1,976 per month, reflecting a slight increase from 2024.
• Eligibility for Social Security benefits begins at age 62, with payments calculated based on income history and retirement age.
• The Social Security program faces financial challenges, with analysts predicting reduced payments by 2034 unless legislative action is taken.