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 five days. When does the check arrive? Social Security payments typically begin on the second Wednesday of every 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.

Roughly 2 million Americans owed money to the Social Security Administration due to overpayments in 2023, according to KFF and Cox Media group. Starting July 24, the higher wage garnishments will go into effect until the full overpayment has been resolved.