Social Security update: Third round of January payments worth up to $4,194 arriving Wednesday

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Social Security update: Third round of January payments worth up to $4,194 arriving Wednesday
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The third and final round of Social Security retirement payments slated to be distributed in January is set to go out to recipients Wednesday.

The payment, worth up to $4,194, is scheduled to be disbursed on Wednesday for recipients who were born between the 21st and 31st of the month. The payment is the third round of payments being issued from the Social Security Administration, which issues payments to recipients based on their date of birth, according to the administration's calendar.

The SSA began January payments on Jan. 11, with the first wave of checks going to people born between the 1st and 10th of a month. The second round began on Jan. 18 for recipients whose birthdays fall between the 11th and 20th of a month.

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