Social security update: 2025 maximum benefits by retirement age explained
Find out the maximum amount you can withdraw from Social Security and what your retirement benefits will be in the United States in 2025.
One of the biggest concerns for Americans is retirement benefits. In the United States, the amount varies according to a person's retirement age and years of work. To determine the maximum amount, the Social Security Administration (SSA) has revealed the exact value for 2025.
US citizens can retire as soon as they turn 67 to receive the full payment of $2,000. However, if they decide to continue working until age 70, they will accumulate larger credits, and therefore, their pension will increase. The same applies to those who retire at age 62, as the amount will be much lower than indicated.
Social security benefits in 2025 vary by retirement age
The maximum Social Security benefits that can be received in 2025 are as follows:
• $2,831 if you are 62 years old (30% less than the full benefit)
• $4,018 if you are 67 years old
• $5,108 if you are 70 years old
The main difference between the totals is due to retirement credits. This benefit calculation is based on the average income of the person, the number of years worked, and the date of retirement.
Key documents needed to apply for social security retirement benefits
The SSA retirement benefit can be obtained online or by scheduling an appointment with the agency. If you choose to do so, office hours are from 8 a.m. to 7 p.m., Monday through Friday. However, several documents are required to begin the retirement process.
The documents required to complete the Social Security retirement process are as follows:
• A Social Security card or a record with the number.
• Proof of U.S. citizenship or legal status in the country (if the applicant is a non-U.S.-born immigrant).
• The original birth certificate with a certified copy from the issuing entity, or any document proving the petitioner's age.
• A copy of military discharge (if the applicant served before 1968).
• A copy of the W-2 form or prior year's self-employment tax return.
