Direct payment worth up to $4,555 goes out to millions in two days
Direct payment worth up to $4,555 goes out to millions in two days
August will see the first Social Security checks for millions of retirees.
August will see the first Social Security checks for millions of retirees.
worth up to $4,555 for those who wait until age 70 to retire in two more days.
worth up to $4,555 for those who wait until age 70 to retire in two more days.
People who were born between the first and tenth of August will receive the first of three payouts on Wednesday.
People who were born between the first and tenth of August will receive the first of three payouts on Wednesday.
second round of payments will be sent a week later, on Aug. 16, for those born between the 11th and the 20th of the month.
second round of payments will be sent a week later, on Aug. 16, for those born between the 11th and the 20th of the month.
at full retirement age, earn a $3,627 maximum payout.
at full retirement age, earn a $3,627 maximum payout.
receive the greatest monthly benefit of up to $4,555, as per the Social Security Administration.
receive the greatest monthly benefit of up to $4,555, as per the Social Security Administration.
It's unclear what beneficiaries will receive in terms of money, as well as how those payments will be made.
It's unclear what beneficiaries will receive in terms of money, as well as how those payments will be made.