Social Secu­ri­ty update: Sec­ond round of March pay­ments worth $4,873 goes out in four days

Social Security update: Second round of March payments worth ,873 goes out in four days

The sec­ond of March’s three Social Secu­ri­ty pay­ments, worth up to $4,873 for the biggest earn­ers who retire at 70, will go out to a sec­ond group of retirees in four days.
Retirees born on or between the 11th and 20th of the month will get their pay­ments on Wednes­day, March 20, accord­ing to the Social Secu­ri­ty Administration’s cal­en­dar. 
Each recip­i­ent gets just one pay­check, but the week that they get the mon­ey is deter­mined by the day of the month they were born. For exam­ple, peo­ple born on or after the 20th of the month will receive their pay­ments on March 27, while those born on or before the 10th of the month just received theirs Wednes­day. 
The max­i­mum amount a ben­e­fi­cia­ry can receive depends on cer­tain fac­tors, such as their age at the time of retire­ment, the amount they paid into Social Secu­ri­ty, and the num­ber of years they paid into the pro­gram. …