Overview
- Supplemental Security Income (SSI) payments for May 2025 are issued on Thursday, May 1, followed by early Social Security beneficiaries on Friday, May 2.
- Retirement, spousal, and survivor benefits are distributed in three waves based on birth dates: May 14, May 21, and May 28.
- Maximum monthly Social Security benefits for 2025 reach $5,108 for those retiring at age 70, while the average monthly retirement benefit is $1,976.
- Supplemental Security Income (SSI) payments in 2025 cap at $967 for individuals and $1,450 for couples, with eligibility determined by income and resources.
- The Social Security program, funded by payroll taxes, faces long-term solvency concerns, with trust fund reserves projected to be depleted by 2034 without Congressional action.