The second round of October’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at 70, goes out to a group of retirees in four days. Here is everything you need to know about this month’s Social Security payments, which go out in three rounds.

Social Security payments are typically paid out starting on the 2nd Wednesday of the month. The remaining two payments will be paid out on the following two Wednesdays of the month. Which week you receive your payment depends on your birthdate. There is one big exception, which I'll cover below.

Social Security payments occur monthly, but only a few seniors receive the maximum of $4,873. Here's a look at September Social Security payments in 2024, including payment schedules, strategies to boost benefits and insights on average monthly checks.