THE next batch of COLA checks will be in bank accounts in the coming days.
Throughout the year, Social Security checks are mailed on the second, third, and fourth Wednesdays for people whose birthdays fall at the beginning, middle, and end of the month, respectively.
The COLA increase means a retiring worker will now, on average, see a monthly check increase from $1,565 to $1,657 per month.
Meanwhile, a typical couple’s benefits are up $154 — from $2,599 to $2,753 a month.
Disabled Americans will also see their Social Security Disability Insurance (SSDI) increase by 5.9 percent.
And the maximum benefit in 2022 has increased to $4,194 per month for some Americans.
Read our live blog COLA 2022 for the latest news and updates…
https://www.the-sun.com/money/4992550/cola-cost-of-living-allowance-checks-social-security/ COLA Increase 2022 Social Security Payment – Exact date direct check payments will arrive, dependent on your birthday