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The benefits are released to the recipients in three phases.
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The first payment, scheduled for February 8, will be for recipients who were born between the 1st and 10th of the month.
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Recipients born between the 11th and 20th of the month will receive their next payment on February 15th.
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Recipients born between 21 and 31 will be paid on February 22.
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Must retire at age 70 to receive the $4,194 for the highest payout.
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Recipients retiring at age 67 will receive a maximum payment of $3,345.
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Anyone retiring at age 62 would receive payments of up to $2,364.
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Regular Social Security payments are based on earnings that a recipient makes over their lifetime.
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Next steps