Social Security update: First round of February payments worth $4,873 goes out in 13 days

The first wave of February’s three 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 under two weeks.

Retired seniors born on or between the 1st and 10th of their birth month should receive their first payment of February in 13 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 and Feb. 28. 

The amount each person gets varies 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
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