If you or someone you care about receives Social Security benefits, here is some good news to pay attention to. On Wednesday, July 23, a large number of Americans will be getting their next round of monthly payments—and for some, that check could be as high as $5,108.
Who will receive social security checks on July 23?
Not everyone gets their Social Security check on the same day. The Social Security Administration (SSA) spreads out payments throughout the month to help manage the high number of beneficiaries. If your birthday falls between the 21st and 31st of any month, your check is scheduled to arrive this Wednesday, July 23.
This includes:
- Retirees
- Spouses of retired workers
- Survivors of deceased workers
If that sounds like you or someone in your family, keep an eye on your direct deposit or mailbox.
How much is the maximum Social Security benefit in 2025?
Your payment amount depends on when you started collecting benefits and how much you earned during your working years. Here is a quick breakdown of what you could receive:
- The average monthly benefit for retired workers in May 2025 was $2,002.39
- If you started collecting at age 62, your max benefit is $2,831
- If you waited until full retirement age (67), your max benefit is $4,018
- If you held off until age 70, you could receive the maximum amount of $5,108
So, if you delayed collecting benefits to age 70, you are likely among those eligible for the top payout this month.
What changes are coming for Social Security beneficiaries?
The year 2025 has already brought a few major updates to the Social Security system—and there is more on the way.
Here are a few highlights:
- A 2.5 percent Cost of Living Adjustment (COLA) is predicted for next year, which would mean larger checks starting in 2026
- A new tax break for seniors is coming, thanks to the One Big Beautiful Bill Act signed into law earlier this month
- Seniors aged 65+ will see their standard deduction increase by up to $6,000 between 2025 and 2028
- The White House said this change will mean 88 percent of seniors (about 51.4 million people) will no longer owe federal taxes on their Social Security benefits
- Seniors aged 65+ will see their standard deduction increase by up to $6,000 between 2025 and 2028
This could be a big deal for middle- and lower-income retirees who rely on their monthly check to cover essentials like housing, groceries, and prescriptions.
What is happening with paper checks?
If you still receive your Social Security or SSI check in the mail, there is something important to know. Under a new executive order signed by President Trump, the federal government is moving toward all-electronic disbursements.
That means:
- Starting September 30, 2025, all federal payments—including Social Security, SSDI, SSI, tax refunds, and vendor payments—will be issued electronically
- Paper checks will no longer be an option unless special exceptions
If you have not already set up direct deposit, it is a good time to do that so you do not miss a future payment.
So if your birthday lands in the final third of the month, you can expect that Social Security deposit to hit your account on July 23. And if you are one of the folks who waited until age 70 to start collecting, that amount could be as high as $5,108—a welcome boost in today’s economy.
