The Social Security Administration (SSA) has announced a new retirement payment scheduled for February 19, 2025. However, this payment will not be for every retiree in the United States. There are specific eligibility criteria you need to meet to receive this payment. This article will break down who qualifies, the payment dates, and details about the Alaska Permanent Fund Dividend (PFD) payment.
Eligibility for the February 19, 2025, Retirement Payment
Not all retirees will receive the retirement payment on February 19. The SSA has set a few key rules to determine who qualifies:
- Birth Date Requirement: To be eligible for this payment, your birthday must fall between the 11th and 20th of any month.
- Exclusions:
- If you are currently receiving Supplemental Security Income (SSI), you will not qualify for this payment.
- If you began receiving Social Security retirement benefits before May 1997, you will also not qualify.
If your birthday falls outside the 11th–20th range, your payment will be scheduled for a different date.
Other Retirement Payment Dates in February 2025
For those who do not qualify for the February 19 payment, here are the other scheduled payment dates:
- February 12, 2025: If your birthday falls between the 1st and 10th, your payment will arrive on this date.
- February 26, 2025: If your birthday is from the 21st to the 31st, your payment will be sent on this date.
All payments are scheduled for Wednesdays in February 2025.
How Much Will You Receive?
- The average retirement payment is around $1,976 per month.
- If you worked for 35 years, earning the taxable maximum throughout your career, and retired at age 70, you could receive up to $5,108 per month.
Alaska Permanent Fund Dividend (PFD) Payment in February 2025
For residents of Alaska, there’s another important payment to be aware of—the PFD payment, managed by the Alaska Department of Revenue.
Key Details About the PFD Payment:
- Payment Date: February 20, 2025, just one day after the Social Security retirement payment.
- Eligibility Check:
- Log in to your account on February 12, 2025.
- If your status shows “Eligible – Not Paid,” you will receive your PFD payment on February 20.
- Application Deadline:
- If you didn’t apply for the 2024 PFD, you can still apply for the 2025 PFD.
- The deadline to submit your application is March 31, 2025.
The Social Security retirement payment on February 19, 2025, is only for retirees born between the 11th and 20th of any month, provided they meet other eligibility criteria. If you don’t qualify for this date, your payment will be scheduled for February 12 or February 26, based on your birth date. Additionally, Alaskans can look forward to the PFD payment on February 20, 2025. Make sure to check your eligibility and stay updated on your payment status to avoid any delays.
FAQ
Who qualifies for the February 19, 2025, Social Security retirement payment?
To qualify, you must have been born between the 11th and 20th of any month. You are not eligible if you receive Supplemental Security Income (SSI) or if you started receiving Social Security retirement benefits before May 1997.
When will Social Security retirement payments be made in February 2025?
Social Security retirement payments will be made on February 12, February 19, and February 26, 2025. The exact date depends on your birth date.
How much will the average Social Security payment be in February 2025?
The average Social Security retirement payment will be around $1,976. However, retirees who worked for 35 years, earned the taxable maximum, and retired at 70 could receive up to $5,108.
What is the Alaska PFD payment, and when will it be issued in February 2025?
The Alaska Permanent Fund Dividend (PFD) payment will be issued on February 20, 2025. Eligible residents can check their payment status online to confirm eligibility.
Can I still apply for the 2025 PFD if I missed the 2024 application?
Yes, you can still apply for the 2025 PFD payment if you missed the 2024 application. The deadline to apply is March 31, 2025.
