The second round of October Social Security payments will be distributed on October 21 to retirees born between the 11th and 20th. Those born on or before the 10th received their payments on October 14, and the third round is scheduled for October 28 for those born on or after the 21st. Payment amounts vary based on retirement age, with a maximum of $5,181 available for those who wait until age 70. The Social Security fund faces potential depletion by 2032, according to trustees.
Key facts
- Second round of payments goes out on October 21.
- Payments are for retirees born between the 11th and 20th.
- Maximum payment is $5,181 for those who retire at age 70.
- Full retirement age is 67 for individuals born in 1960 or later.
- The Social Security fund may run out by 2032.
A short AI summary in our own words. The reporting belongs to Washington Examiner; we don't reproduce it.