The first round of October Social Security payments for retirees aged 62 and above, now capped at $5,108, will be issued in three days.
Retirees born between the first and 10th of a month will receive this payment on Oct. 8.
The second round of payments will follow on Oct. 15 for retirees born between the 11th and 20th of a month, and the third round will go out on Oct. 22 to those born on or after the 21st.
An executive order that transitions federal government payments from paper checks to electronic payments went into effect on Sept. 30. Social Security recipients are among those affected by this change, though less than 1% receive their benefits through paper checks.
When will payments arrive?
Citizens are
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