Millions of Social Security beneficiaries will receive the second round of retirement checks for December in four days. Filers who retire at 70 years old by Dec. 11 will receive payments worth up to $4,

A review of the legislation by the Congressional Budget Office, a nonpartisan federal agency in the legislative branch, found passage of the bill would increase Social Security expenditures, and possibly exhaust the Old-Age and Survivors Insurance Trust Fund six months earlier than the current 2033 projection.

As the year draws to a close, the Social Security Administration (SSA) is preparing to disburse its penultimate payments for the season. Scheduled for December 18, these payments will benefit individuals born between the 11th and 20th of the month,