The second round of November’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the second group of retirees in four days. Here is everything you need to know about this month’s Social Security payments.

Up to 50% of Social Security income is taxable for individuals with a gross income of at least $25,000 and for couples filing jointly with a combined income of at least $32,000, i

Key Insights from 24/7 Wall St. A larger Social Security benefit takes the pressure off your savings. Think about your desired retirement lifestyle and plan for one-off expenses. Use a time-tested withdrawal rate to figure out what nest egg to aim for.

Waiting may lead to larger monthly payments down the road, but a little less money now might actually do me more overall long-term good.