Third round of January Social Security payments goes out in one day

The third round of January Social Security payments for retirees, now capped at $5,108, will be issued in one day.

Retirees born on or after the 21st of a month will receive this payment on Wednesday, Jan. 28. 

The first round of payments went out on Jan. 14 to recipients born on or before the 10th of a month, and the second round went out on Jan. 21 to those born between the 11th and 20th of a month.

When am I eligible?

Citizens are eligible for Social Security payments beginning at 62 years old.

When am I eligible?

Social Security payment amounts are determined by several factors, including age of retirement, the amount paid into Social Security, and the number of years paid into Social