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.
- 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.