July's second round of payments will soon be headed out to recipients. Here's the monthly payout schedule and how your payment date is determined.

Regular Social Security retirement benefits for the month of July will be sent out on the SSA’s usual schedule: Wednesday, July 9: Birth dates between the first and 10th of the month. Wednesday, July 16: Birth dates between the 11th and 20th of the month.

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,