TIt will be on the third Wednesday of this month social Security Checks will be sent to SS recipients, after the first was sent on September 14 and the second on September 21.
social Security The checks are sent according to the date of birth of the beneficiary and divided into three groups.
Those whose birth date is on the first to the first day of the month, receive it on the second Wednesday of the month, those born between the eleventh and twentieth are due on the third Wednesday of the month, and finally those who were born between the twenty-first. And the 31st day of the month will see its arrival during the fourth Wednesday of the month, just like the occasion.
Social Security checks will be affected by the cost of living adjustment
Social Security recipients will see an increase in their paychecks for next year, due to higher inflation Cost of Living Adjustment or COLA By 5.9% in 2022, the largest in 40 years, but experts have predicted it could reach a twofold increase next year.
AARP expects it cola It will see an 8-10% increase for 2023, for example a 9% increase in cola You will see the benefits social Security They are boosted by around $150 each month.
Consumer prices until the end of September will be determined cost of livingwhich will be announced in October and will be effective from January 2023.
Supplemental Security Income is also available for those who qualify
Some Social Security beneficiaries who cannot cover their basic living expenses with their monthly payments may also qualify to receive it. Supplemental Security Income or SSIIt is a program that sends money each month to adults and children who have a disability that prevents them from working, usually paid on the first day of the month.
In fact, SSI recipients during September will receive two payments, October 1 will arrive on Saturday, so the payment will be sent one day earlier, September 30.
This will cause recipients to see their maximum payment of $841 doubled, receiving up to $1,682 during this 30-day period.
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