The final round of July Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out Wednesday. When does the check arrive? Social Security payments usually begin on the second Wednesday of every month,

The transition primarily affects a small group of beneficiaries who have not switched to electronic payment methods already, which is less than 1%, the administration wrote. Notices are being sent out to these individuals to explain the upcoming change and highlight the benefits of switching to electronic payments.

The change marks a major improvement in customer service, allowing beneficiaries and applicants to manage their Social Security accounts at any time, day or night. Social Security remains a critical pillar for more than 60 million Americans, whose financial security often depends on timely access to the program's resources.