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

Round one of March’s three Social Security payments, worth up to $4,873 for the biggest earners who retire at 70, will go out to the first group of retirees in five days.

Retirees born on or between the first and 10th of a month will get their payments on Wednesday, according to the Social Security Administration’s calendar.

People born on or after the 11th of a month will receive their payments on one of two later dates, on March 20 or March 27. Recipients will get one check each, but the week they get their money is determined by the day of the month they were born.

The maximum amount beneficiaries can receive depends on certain factors, such as the amount they paid into Social Security, the number of years they
Read more…

Please follow and like us: