There is one final round of Social Security checks that is coming on Wednesday, do not panic if you haven’t gotten yours yet. All checks are on their way to folks who applied for them. This final round of these January Social Security checks also have the 2023 cost-of-living adjustment or COLA. Your benefits amounts can expect a major bump as benefits have been increased by 8.7% this year in order to help people fight the ever growing inflation. This is by far, the biggest increase of the last 40 years. The very last round of checks for January will arrive on Wednesday. Keep on reading to find out when your Social Security payment should arrive and how you can determine your payment date.
Folks who just started getting their Social Security payment
The people who are just starting to get their Social Security checks are the ones who need the most help to understand when the payments come. They have the chance to learn the most optimal time to start collecting their benefits and how to pause them for an even bigger payout later. January checks include the first COLA increase of 2023. The schedule goes as follows: On December 30, people got the first January 2023 SSI payment. On January 3, folks already for their Social Security payments. January 11 rolled out Social Security payments for people whose birthdays fall between the first and 10th of the month.
January 18 gave their payments to people whose birthday fall between the 11th and the 20th of the month. Last but not least, January 25 rolled out payments to people whose birthday falls between the 21st and 31st of the month. There are folks who get both the Social Security and Supplemental Security Income, they have different schedules to those who just got their SS payment. They will get their SS payment on the third day of each month and the SSI on the first day of each month. These dates change if those days fall on a weekend, usualy ahead of schedule. If you haven’t received your payment, the SSA recommends you to wait 3 mailing days. In the case you still haven’t gotten it, please call 800-772-1213 in order to speak with a representative who can help you with your case.
