The second round of August Social Security payments for retirees aged 70 and above, now capped at $5,108, go out in six days.
Social Security payments are scheduled to begin on the second Wednesday of every month, and continue in waves on a weekly basis. The payment date is determined by the day of the month a retiree was born.
Retirees born between the 11th and 20th of a month will receive this upcoming payment round on Aug. 20.
Trending: The Truth Behind All The “Burn Bags” Tulsi and Kash Keep Finding
The first round of payments already went out on Aug. 13 to retirees born between the 1st and 10th, and the final round will be distributed on Aug. 27 to those born on or after the 21st.
When am I eligible?
Citizens are eligible for Social Security
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!