The first round of July Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out to recipients on Wednesday.

Regular payments will continue on their standard schedule throughout July 2025. However, recipients who received overpayment notices beginning April 25, 2025, may see their payments reduced starting approximately July 24, 2025. The SSA provides a 90-day notice period between issuing overpayment notifications and beginning benefit withholding.

The Social Security Administration, which overpays billions in benefits annually, will start withholding some benefits sent to overpaid recipients.