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

Published January 8, 2024 2:27pm ET



The initial wave of January’s Social Security payments, worth up to $4,873 for top earners who retire at 70, will go out to the first group of retirees in two days.

Retired seniors born between the 1st and 10th of a month will receive their first payment of 2024 on Wednesday. Those born on or after the 11th of a month will receive their payments in one of the two later disbursements, which will be released on Jan. 17 and Jan. 24.

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