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.

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.

The date your February Social Security benefit arrives depends on what day of the month you were born. Payments follow the month they are due, so your February check is for January.

Facing unemployment as you near retirement can be daunting, but understanding your options can provide a financial safety net. You may qualify for both unemployment insurance and Social Security benefits simultaneously.

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.