In just 5 days some Social Security recipients will see the new checks worth an average of $1,657.
These will be the very first Social Security checks with the COLA 5.9% increase in them.
The average increase is about $92 dollars per month.
Social Security January checks
This means this month, those people will see their checks on Jan. 12.
The next checks will go out on Jan. 19 for people with birthdays between the 11th and 20th.
The final checks are going out the fourth Wednesday, Jan. 26, for anyone with birthdays on and after the 21st.
If you’re married you can expect your joint increase to be around $154, bringing your monthly average to $2,753.
Disabled workers will see their checks go from $1,252 to $1,358.
SSI payments in January
SSI will see the 5.9% increase as well.
8 million Americans that collect SSI benefits saw their first increased check on Dec. 30, 2021.
They get their benefits on the first of every month, unless there’s a holiday or another reason. If that’s the case they’ll get it the business day before instead of the month it’s for.