Social Security update: First round of February payments worth $4,873 goes out in 12 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 a little less than two weeks.

Retired seniors born on or between the 1st and 10th of their birth month should receive their first payment of February in 12 days, on Wednesday, Feb. 14, according to the Social Security Administration’s calendar. 

Retirees born on or after the 11th of their birth month will get their payments in one of two later disbursements, on Feb. 21 and 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
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