The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees in five days. Retirees born on or after the 21st of a month will receive their payments on Jan.

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.

The money came back when the Department of Treasury gained access to the Social Security Administration's "Full Death Master File."

The Treasury Department recovered more than $31 million in Social Security payments made to dead people due to a five-month pilot program approved by Congress. The pilot program has given the Treasury temporary access to the Social Security Administration’s “Full Death Master File” for three years as part of a 2021 appropriations bill.

In a significant move to curb financial discrepancies, the U.S. Treasury has reclaimed $31 million from Social Security payments erroneously made to deceased individuals.

The U.S. government clawed back more than $31 million in federal payments that improperly went to dead people, a recovery that one official said Wednesday was “just the tip of the iceberg.” The money was reclaimed as part of a five-month pilot program after Congress gave the Department of Treasury temporary access to the Social Security Administration ’s “Full Death Master File” for three years as part of the omnibus appropriations bill in 2021.

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why dead Americans received $31 million from the Social Security Administration.