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date confirmed to send $1,900 checks

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The last Social Security payment in February was sent on February 21st, so most retirees should already have their new payment. Nearly 70 million checks are sent out by the Social Security Administration (SSA) each month to people who are eligible for its programs, mostly retired workers or people with disabilities. 

Since the Social Security Act was approved by President Franklin D. Roosevelt on August 14, 1935, the Social Security Administration (SSA) has been providing a range of programs to promote financial stability and support diverse parts of the population. This law has made the following four Social Security programs available to Americans:

  • Social Security Retirement (1937). Benefits for qualifying retired workers and their dependents are paid monthly through this program.
  • Social Security Disability (1956). People with disabilities who are unable to work can receive financial assistance through this program. 
  • Social Security Survivors (1939). Provides benefits to surviving spouses, kids, and some dependents of Social Security-eligible deceased workers.
  • Supplemental Security Income (1974). Regardless of their employment history, this program offers monthly benefits to low-income elderly, blind, or disabled people.

The average payments retirees receive in February

The Social Security Administration (SSA) sends out different numbers of checks depending on factors such as retirement age and the total amount of contributions earned throughout working life. According to the retirement date, the following amounts are indicated for February 2024:

  • The average payment for a retiree is US$1,907.
  • People who retire early, at age 62, receive a maximum of US$2,654 per month.
  • For those who retire at age 67, their monthly payment can be up to US$3,743.
  • Those who delay their retirement until age 70 can get a maximum payment of up to US$4,822.

As you get older, it becomes more important to find other sources of income to cover your monthly expenses because retirement only accounts for a portion of your income. 

The last Social Security payment this month

Only a small percentage of SSA recipients receive their payment on the same day each month. The recipient’s birthdate, place of residence, and kind of benefit all influence when they get paid. Social Security benefits for February 2024 are anticipated to be disbursed on the dates listed below:

Birthdate Range Date Typical Payment Day
Retirees benefits before May 1997 and SSI benefits February 2, 2024 First day of the month
January 1 – 10 February 14, 2024 Second Wednesday of the month
January 11 – 20 February 21, 2024 Third Wednesday of the month
January 21 – 31 February 28, 2024 Fourth Wednesday of the month

Please read the official SS payment schedule for more information about Social Security payments. Bear in mind that your payment date may change if you have a direct deposit, as these are only the scheduled payment dates. 

What happens if your Social Security benefit has not arrived yet?

Retirees who do not receive their Social Security check can take the following actions:

  1. Wait a few days: Mailing problems or processing mistakes can occasionally cause checks to be delayed. In cases where the anticipated payment date has elapsed by a few days, it may be sufficient to wait an extra day or two.
  2. Check online: If you have an online Social Security account, you can check if your payment has been noted as issued there, along with your payment history and status 
  3. Contact the SSA: You should get in touch with the SSA right away if you have not received your check by the start of the next month. Here are the ways you can reach them:
    • Phone: The toll-free number for general inquiries is 1-800-772-1213 (TTY 1-800-325-0778).
    • Local office: Find your nearest local Social Security office. 
    • Online: You can report a missing benefit payment through the official SSA website

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