Social Security update: First round of October payments worth $4,873 goes out in 2 days

Published October 7, 2024 7:00am ET



The first round of October’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the first group of retirees in two days.

People will receive their checks depending on the date they were born. Social Security checks are typically first sent out on the second Wednesday of every month, with the rest of the waves sent out on the following Wednesdays.

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