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

The first of March’s three Social Security payments, worth up to $4,873 for the highest income earners who retire at 70, will go out to the first group of retirees in under a week.

Retirees born on or between the 1st and 10th of the month will get their payments in six days, on Wednesday, March 13, according to the Social Security Administration’s calendar. 

People born on or after the 11th of the month will receive their payments in one of two later payments, on March 20 and March 27. Each recipient will get one paycheck, but the week that they get the money is determined by the day of the month they were born.

The maximum amount a beneficiary can receive depends on certain factors, such as their age at
Read more…

Please follow and like us: