Social Security update: First round of direct payments worth up to $4,555 arrives in one day

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Social Security supporters attend a rally in the Dirksen Senate Office Building on Capitol Hill. Chip Somodevilla

Social Security update: First round of direct payments worth up to $4,555 arrives in one day

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Millions of retirees will receive the first round of November’s Social Security payments, worth up to $4,555 for seniors who retire at 70, in one day.

Seniors who were born between the first and 10th of their birth month will receive the initial wave of retirement payments on Wednesday, Nov. 8. People born from the 11th through 31st of any month will receive their monthly check during one of the two later waves of distribution this month, which go out on Nov. 15 and Nov. 22.


The Social Security Administration sends out payments in three disbursements on the second, third, and fourth Wednesdays of each month, but each recipient gets one check. The disbursement dates are divided into three 10-day periods.

The maximum possible amount of each Social Security payment varies based on the age at which an individual retires, and the actual payment itself depends on other factors. For example, those who retire at 62, the youngest age to possibly receive payments, can get up to $2,572 per month, and those retiring at 70 can receive up to $4,555 per month, according to the Social Security Administration. Those who retire at the full age of retirement, 67, can see a maximum check of up to $3,627 per month.

Beneficiaries can see a personalized estimate of what they can expect each month through the SSA’s calculator.

Regular retirement checks are different from other payments given out by the SSA, such as disability insurance or Supplemental Security Income. Those checks are distributed on a different schedule.


The distant future of Social Security is unclear due to the risk of insolvency as early as 2034. Analysts predict insolvency will occur unless action is taken by Congress to prevent it. Any change that does take place for the program would not affect those already on Social Security.

Payments will rise by 3.2% next year as part of the program’s annual adjustments based on inflation, according to the SSA. The increase will be the same percentage for all payments sent out by the administration, including retirement and disability pay.

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