The second round of October Social Security payments for retirees aged 62 and older, now capped at $5,108, will be issued in six days.

When will payments arrive?

Retirees born on or after the 21st of a month will receive this payment on Oct. 22 .

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The first round of payments went out on Oct. 8 for retirees born on or before the 10th of a month, while the second round was issued on Oct. 15 to those born between the 11th and 20th of a month.

An executive order that transitions federal government payments from paper checks to electronic payments went into effect on

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