Have you ever examined the concept of ‘average’ in-depth? An average helps to consider things as a whole, such as SSA data, or even life in general. The average, everyday happenings in life are often when we are happiest, such as grabbing a drink with a friend or having a typical dinner with family. Even the average amount the SSA will be paying the next group of beneficiaries in 5 days is not too shabby. Check today if you are one of the eligible, average Joes who could be receiving an average of $1,950.
The SSA will be paying beneficiaries soon
Social Security has been supporting millions of Americans for a long time, and research conducted by the Social Security Administration (SSA) confirms its importance. According to Volume 77 No. 2 of the Social Security Bulletin, the results of the foregoing research validated that Social Security benefits are the greater part of retirees’ income aged 65 or older. Average data from three surveys indicated that 50% of retirees’ households receive nearly half of their total income from Social Security, with almost 25% receiving at least 90% of their income from Social Security.
This means that many people will soon be overjoyed after receiving their Social Security benefits for June, although this excludes anyone also receiving Supplemental Security Income (SSI). People aged 65 or older who have limited income and/or resources, and a qualifying disability typically receive SSI. However, those benefits were already distributed at the end of May according to the SSA payment schedule.
The eligible group of beneficiaries will be paid in 5 days per the SSA schedule
Millions of Americans receive Social Security, which is why the SSA distributes payments according to a set payment schedule to ensure that benefits are received promptly without any hiccups. It is crucial to understand the payment schedule to plan your monthly budget accordingly. Social Security benefits are usually paid on Wednesdays, starting on the second Wednesday of the month. Beneficiaries receive their benefits according to their birth dates of any given month.
The same schedule will be followed for June. According to the Social Security payment schedule, the following people will be receiving their payments in five days:
- Beneficiaries with birthdays between the 11th and 20th of any given month
- Payments will be made on June 18, 2025
As mentioned, SSI benefits for June were already made in May, which means the next SSI payment will only be on July 1, 2025. While you await your Social Security payment, find out whether you will be receiving the average amount like many other people, or if you will be receiving less than anticipated.
Some might receive the average payment, some might not
If you have been receiving Social Security for a while, you will know that not everyone will receive similar monthly benefits. Many factors will impact how much you receive. For instance, SSI beneficiaries are required to meet a monthly income limit of $2,019 or less to qualify for SSI benefits. The total number of years you have been contributing to Social Security will also determine how much you will receive monthly, as well as the age you decided to retire and start claiming your benefits.
If you want to plan an approximate monthly budget, we recommend considering the averages for 2025. The Social Security Monthly Statistical Snapshot for May 2025 indicates that some beneficiaries can expect the following average payments:
- Old-Age and Survivors Insurance is an average of $1,913.70 monthly
- Retirement benefits are an average of $1,950.27 monthly
- Survivor benefits are an average of $1,566.66 monthly
- Disability Insurance is an average of $1,439.97 monthly
So, whether you receive above or below the average, at least every extra dollar helps. If you want to increase your monthly benefits, there are always some loopholes. However, consulting a financial professional is always best.
Disclaimer: This content is informational only and does not supersede or replace the SSA’s or IRS’s own publications and notices. Always verify any specific dates and amounts by following the direct links in our article to SSA.gov or IRS.gov, or by consulting your local SSA field office or tax professional.
Read the whole thing?
Get the week's signal, not the noise
Our sharpest reporting on energy, climate and nature — free, once a week.
