Social Secu­ri­ty update: First round of direct pay­ments worth up to $4,555 arrives in 20 days

A group of retired seniors is expect­ed to receive the first wave of Decem­ber’s Social Secu­ri­ty pay­ments, worth up to $4,555 for peo­ple who retire at 70, in a lit­tle less than three weeks.
The mil­lions of retirees born between the 1st and 10th of a month will receive the pay­ment on Wednes­day, Dec. 13, while ben­e­fi­cia­ries born between the 11th and 31st of the month will get their checks in one of the lat­er pay­ments.
GLOOM: CONSUMER SENTIMENT FALLS AND INFLATION EXPECTATIONS RISE
The max­i­mum amount of each Social Secu­ri­ty pay­ment varies based on the age at which a per­son retires. For exam­ple, peo­ple who retire at 62, the youngest age to receive pay­ments, can get up to $2,572 per month. Those who retire at 70 can receive up to $4,555 per month, accord­ing to the Social Secu­ri­ty Admin­is­tra­tion, and those who retire at the full a …