As February 26, 2025, approaches, millions of Social Security beneficiaries are looking forward to their monthly payments. With the recent 2.5% Cost-of-Living Adjustment (COLA), Social Security benefits have increased, helping seniors and disabled individuals keep up with rising expenses. However, not everyone will receive the same amount, and some may be wondering why their payment is exactly $931.
So, who qualifies for a payment on February 26? And what steps should you take to ensure your benefits arrive on time? Here’s everything you need to know.
Who Gets Paid on February 26?
The Social Security Administration (SSA) follows a strict payment schedule based on birth dates. If your birthday falls between the 21st and 31st of any month, your payment is scheduled for the fourth Wednesday of each month—which, in February 2025, lands on the 26th.
This applies to Social Security retirement, disability (SSDI), and survivor benefits. However, if you receive Supplemental Security Income (SSI), your payment follows a different schedule and is typically sent on the 1st of each month.
Why Is My Payment $931?
While the average Social Security check in 2025 is around $1,976, individual payments can vary. If you’re receiving $931, it could be due to several factors:
- Your Work History: Social Security benefits are based on your 35 highest-earning years. If you had lower lifetime earnings, your benefits will be lower.
- Early Retirement: If you started claiming benefits before your full retirement age, your monthly amount would be reduced.
- Partial Benefits: Some recipients receive a portion of benefits due to offsets like spousal or dependent benefits.
If you’re unsure why your payment is lower than the average, you can log into your “my Social Security” account on the SSA website to check your benefit details.
How to Make Sure You Get Paid on Time
To avoid payment delays on February 26, take these simple steps:
- Check Your SSA Records: Make sure your birth date and banking details are correct. Incorrect information can cause delays.
- Set Up Direct Deposit: Direct deposit is the fastest and safest way to receive your Social Security payment. If you haven’t set it up yet, you can do so through your SSA account or by calling the SSA.
- Monitor Your Bank Account: Payments typically arrive by mid-morning on the scheduled date. If yours doesn’t show up, wait a few hours before taking action.
What If Your Payment Is Late?
If you don’t receive your payment on February 26:
- Wait a Few Days: Banks sometimes take longer to process payments, especially if there’s a holiday or technical issue.
- Contact Your Bank: Confirm that there are no issues with your account before reaching out to the SSA.
- Call the SSA: If you haven’t received your payment after a few days, contact the Social Security Administration at 1-800-772-1213 or visit a local SSA office.
Stay Informed About Your Benefits
Understanding the Social Security payment schedule and your benefit amount can help you plan your finances better. Regularly reviewing your Social Security statements and keeping your account updated ensures smooth and timely payments.
If you’re expecting a payment on February 26, make sure everything is set up correctly so you can receive your money without hassle.
