Third round of August Social Security payments goes out in four days

The third round of August Social Security payments for retirees, now capped at $5,181, will be issued on Wednesday, Aug. 26. When will payments arrive? Retirees born on or after the 21st of a month will receive this payment on Aug. 26. The first round went out on Aug. 12 to those born on or…

Traditional Social Security is paid based on the recipient’s day of birth.