The new Social Security payments for retirees aged 70 and above, now capped at $5,108, go out Wednesday.

When will checks arrive?

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.

Recommended Stories

First round of August Social Security payments issues in four days

September Social Security direct payment worth $967 goes out in 20 days

First round of August Social Security payments issues in five days

Retirees born between the 1st and 10th of a month will receive the first round of payments on Aug. 13.

The second round of payments will go out on Aug. 20 to retirees born between the 11th and 20th, and the third round will be di

See Full Page