Social Security payments: Who’s getting $1,720 today? Why does it matter?

SocialSecuritypaymentsworthupto$1,720arelandinginbankaccountstodayforeligibleU.S.retirees.ButonlyAmericanswhomeettwospecificcriteriawillreceivethelatestroundofdirectdepositsfromtheSocialSecurityAdministration. Who’sEligibleforToday’sPayment?TheApril2025SocialSecuritypaymentscheduleisdividedintofourdistributiondates,andtoday’spaymentisdesignatedforaspecificgroup: Group1retirees,whichincludesindividualswhobeganreceivingbenefitsbeforeMay1997.ThosewithoutDirectDeposit,meaningtheytypicallyreceivechecksviamailandarenowreceivingaone-timedirectdepositinstead.Ifyoufallintobothcategories,yourpaymentshouldalreadybeprocessing—orarrivinginthenextfewhours. HowMuchWillYouReceive?Theaveragepaymentretireescanexpectis$1,720,althoughsomehigherearnersmayreceiveupto$5,180,whichisthecurrentmaximumbenefit.Thatamount,however,appliesonlytoindividualswhoqualifiedformaximumearningsanddelayedtheirretirementtoage70. It’simportanttono