The third round of October Social Security payments for retirees aged 62 and above, now capped at $5,108, will be issued in three 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.

An executive order that transitions federal government payments from paper checks to electronic payments went into effect on Sept. 30. Social Secu

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