The first round of July’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will be distributed in four days. When does the check arrive? Social Security payments typically begin on the second Wednesday of every month,

If you happened to have been overpaid by the Social Security Administration (SSA), your check may smaller this month.

President Trump has overseen a flurry of Social Security changes in his first five months in office. In less than three weeks, a 50% clawback rate on Social Security overpayments -- up from just 10% during Joe Biden's presidency -- will officially kick in.