According to the Social Security Administration, roughly 28 percent of state and local public employees are eligible for a benefit increase due to the new law, which leaves 72 percent who won’t see an adjustment in their monthly Social Security checks. Need expert guidance when it comes to managing your investments or planning for retirement?

The second round of March’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to a group of retirees in four days. Here is all you need to know about this month’s Social Security payments.

In March 2025, the Social Security Administration will implement significant changes to benefit retirees, disability beneficiaries, and veterans. These updates aim to counteract inflation and ensure financial stability for over 70 million Americans.