Social Security update: First round of February payments worth $4,873 goes out in 15 days

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 just over two weeks.

Retired seniors born on or between the 1st and 10th of a month should receive their first payment of February in 15 days, 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, on Feb. 21 or Feb. 28. 

The amount each person gets can vary based on the age of recipients at the time of retirement, the amount they paid into Social Security, and the number of years they paid into the program. But the
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