Since average earnings tend to rise over time, you'd expect to see younger workers -- those with higher average monthly earnings -- receive larger checks. And we do see this to some extent. A 70-year-old claimer took home an average of about $2,037.54 in December 2023.

If you're part of group 2 pensioners, you might receive your payment as early as February 12, 2025. Here's what you need to know to ensure you receive your benefits on time and make the most of your financial planning.

Typically, people become eligible for Social Security by working and paying into the program. But that’s not the only path to collecting Social Security in retirement. Even if you never worked, you may be entitled to spousal benefits from Social Security.

In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the program's maximum benefit at full retirement age this year. Those looking at $5,108 a month in Social Security need to delay their claims until the age of 70 to lock in payments that high.

Navigating the Social Security payment schedule can be crucial for millions of Americans who rely on these benefits. Knowing when your check arrives and how much you can expect is essential for financial planning.

One of the biggest Social Security decisions you'll have to make is when to sign up for benefits. Many choose to apply as soon as they're eligible, so they can get the most checks. But this isn't always the wisest move.