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2mo ago

Final March Social Security Payments Scheduled for Distribution This Week

The last round of monthly benefits, worth up to $5,108 for some recipients, will be sent out on March 26, with significant policy changes set to take effect later this month.

Stock image/file photo: A Social Security card with a Treasury Department check and U.S. Dollars.
These SSI and SSDI benefits will be credited on the second, third, and fourth Wednesdays of March 12, 19, and 26 of 2025, respectively.

Overview

  • The third and final wave of March 2025 Social Security payments will be distributed on Wednesday, March 26, to recipients born between the 21st and 31st of any month.
  • The maximum monthly benefit for retirees in 2025 is $5,108, available to those who delay retirement until age 70, while the average retirement payment in January 2025 was $1,976.
  • Starting March 27, the Social Security Administration will begin withholding 100% of payments to recover overpayments, reversing a previous policy that capped clawbacks at 10%.
  • From March 31, recipients will no longer be able to verify their identity with the SSA over the phone, a measure aimed at reducing fraud.
  • Analysts warn that without Congressional action, Social Security faces potential funding shortfalls by 2034, which could result in reduced payments for beneficiaries.