Overview
- Social Security retirement benefits for May 2025 will be distributed in three waves based on beneficiaries' birth dates: May 14, May 21, and May 28.
- Supplemental Security Income (SSI) recipients will receive two payments this month, on May 1 and May 30, due to June 1 falling on a weekend.
- Some beneficiaries eligible for both SSI and retirement benefits may receive three payments in May: SSI on May 1, retirement on May 2, and SSI again on May 30.
- The average Social Security retirement benefit is $1,976 per month in 2025, with maximum monthly benefits reaching $5,108 for retirees at age 70.
- Analysts warn that without Congressional action, the Social Security Administration may face funding shortfalls by 2034, impacting future benefit payments.