Second round of August Social Security payments goes out in three days

Second round of August Social Security payments goes out in three days

The second round of August’s Social Security payments for retirees aged 70 and above, now capped at $5,108, goes out in three days. 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. Retirees born between the 11th and 20th of a month will receive this payment round on Aug…