The first round of July Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out to recipients on Wednesday. When does the check arrive? Social Security payments typically begin on the second Wednesday of every month,

Millions of retirees are receiving reduced Social Security checks in July 2025. Learn why it’s happening and who is impacted.

The budget includes a deduction for taxpayers over age 65, starting in 2025. But it would benefit fewer than half of older adults, the Tax Policy Center estimates.