Second round of February Social Security payments goes out in two days

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The second round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the next group of retirees in two days.

Social Security payments are typically distributed on the second Wednesday of every month, and the subsequent waves go out in the following weeks. The distribution of payments depends on which day of the month a retiree was born.

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