Social Security Payments Up to $5,108 Disbursed This Week

Social Security payments for March will be distributed based on beneficiaries' birth dates, with the final payments going out on March 26 for those born on or after the 21st. Beneficiaries can receive up to $5,108 monthly if they retire at age 70, but the amount varies depending on the age of retirement, with lower amounts available for those who retire earlier. The Social Security Administration (SSA) established a schedule where payments are disbursed on specific Wednesdays each month, but some beneficiaries, particularly those who started receiving benefits before May 1997 or who also receive Supplemental Security Income (SSI), follow different schedules. Additionally, the maximum benefit is only available to individuals who have earned the maximum taxable income for at least 35 years and delayed claiming benefits until age 70. As of 2025, payments have been adjusted due to the Cost-of-Living Adjustment (COLA), reflecting the importance of staying informed about benefits. Analysts warn that unless Congress intervenes, full payments could be at risk by 2034 due to demographic shifts.