Social Security update: First round of April payments worth $4,873 goes out in 11 days

The first of April’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 11 days.

The payment will go out on April 10 to beneficiaries born on or between the first and 10th of a month, according to the Social Security Administration calendar.

Those born on or after the 11th of a month will receive their checks in one of two later disbursements, on April 17 or 24.

The maximum amount retirees can receive depends on certain factors, such as the amount they paid into Social Security, the number of years they paid into the program, and their age at the time of retirement, which is the biggest factor.

The highest amount a senior who
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