First Round of July Social Security Payments Set for Distribution

Retirees born between the 1st and 10th will receive up to $4,873 on July 10, with subsequent payments later this month.

Social Security payments for July begin on the 10th for early-month birthdays.
Maximum monthly benefit of $4,873 is for those who retire at age 70.
Payment dates vary based on birthdate, with additional rounds on July 17 and 24.
Beneficiaries can estimate their payments using the SSA's online calculator.
Future Social Security payments face potential reductions without legislative action.