Social Security update: In 3 days, the first batch of direct payments up to $4,555 will be received

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In 3 days, millions of seniors who have retired will receive the first of their 3 December Social Security waves, which are valued up to $4,555 for people who retire at age 70.

On Wednesdays, retirees who were born in a month that falls between the 1st and the tenth will get their benefits. Payments will be made in 2 installments, on December 20 and December 27, to recipients born on or before the eleventh and the thirty-first of a given month. Payments from Social Security are divided according to the recipient’s birth month.

A retiree’s exact benefits are determined by a variety of criteria, such as the amount and duration of their Social Security contributions.

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