The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 13 days. Here is all you need to know about next month’s Social Security payments,

Social Security payments are an essential source of income for millions of Americans, and 2025 brings a slight boost in payments thanks to a 2.5% cost-of-living adjustment (COLA).

Having sent out all January checks, the Social Security Administration is now preparing to get February’s payments underway.

February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in two days. The next SSI payments are scheduled to be distributed on Friday, Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income,