Social Security update: Last round of November payments worth $4,873 goes out in three days

The last round of November 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 three days.

The amount of Social Security benefits retirees receive depends on the age at which they retire, the number of years they paid into the system, and the amount of money they paid to Social Security. Highest-income earners who retired at age 70 can expect to receive a maximum of $4,873 each month. Those who retired at 62, the earliest age at which one can begin to collect benefits, at most, can collect $2,710 each month.