The final wave of April's three Social Security retirement payments, worth up to $4,555, will be sent out in just under a week.

The final installment will be sent to those born between the 21st and 31st of a month, and it will be sent on April 26. The payments are sent out on the second, third, and fourth Wednesdays of every month, and the week the payment is sent coincides with the 10-day block of a month in which the person was born.

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The first distribution went to retirees born between the 1st and 10th of a month, and it was released on the second Wednesday of the month. The second wave was sent on April 19, the third Wednesday of April, and it was for those born between the 11th and 20th of a month, according to the SSA's schedule.

The amount of money each person gets depends on his or her age at retirement. Recipients who retired at the current retirement age of 67 receive a maximum check of $3,627. People who retired at 62 get up to $2,572, and those who delay retirement to 70 get the highest payment of $4,555 per month, according to the Social Security Administration.

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People could see a decrease in their payments if Congress does not determine how the program will be funded by 2037. Discussions on the future of Social Security have occurred in Congress for years, and experts recently warned that the program could be insolvent in 10 years if nothing is done.

Some lawmakers have proposed that the country raise its full retirement age to 70 from 67, where it currently is. Recipients can take an early retirement at 62 or a late retirement at 70.