Millions to receive up to $4555 in Social Security direct payments in just days.

Millions of retirees will receive the first round of June's three Social Security payments, worth up to $4,555, in 12 days, according to the Social Security Administration's schedule. The amount of money each recipient gets differs depending on a recipient's age at retirement. Discussions on the future of Social Security have occurred in Congress for years, but experts have warned that the program could be insolvent in 10 years if nothing is done. Recipients could see a cost-of-living adjustment of just 3.1% next year, which would be a significant dip from the 8.7% they received for 2023.