Social Security is a major source of income for 74M Americans — but how far does the average check go? See average benefits by age and gender, how its calculated and making the most of your money. Updated for July 2025.

Social security funds are due to be issued within days, including retirement payments and disability and survivor benefits.

The second round of July Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out to recipients tomorrow. When does the check arrive? Social Security payments usually begin on the second Wednesday of every month,