Social Security update: First round of February payments worth $4,873 goes out in 16 days

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The start of February’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 16 days.

Retired seniors born on or between the 1st and 10th of their birth month should receive their payment for February on Wednesday, Feb. 14, according to the Social Security Administration’s calendar. Retirees born on or after the 11th of their birth month should receive their payments in one of two later disbursements.

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