The first round of July’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at 70, will go out to the first group of retirees in one day.

The first round of payments is set to go out on July 10 to some beneficiaries.

Social Security payments begin on the second Wednesday of each month, then the second and third Wednesday to the next waves of recipients. The date on which someone receives a payment depends on which day of the month the retiree was born.

Retirees born between the 1st and 10th of a month will receive their payments on Wednesday, July 10. Beneficiaries born between the 11th and 20th of a month will get their checks on July 17.

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Retirees born on or after the 21st of a month will receive their payments on July 24.

The amount one receives in a check depends on the age at which recipients choose to retire. Retiring at 62, the youngest age, allows someone to receive up to $2,710 per month. Delaying retirement to 70 can allow one to receive up to $4,873 per month, according to the Social Security Administration.