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Social Security: Recipients saw $1,657 checks this month thanks to COLA

January of 2022 was the first month Social Security recipients were able to see their new COLA increase of 5.9%.

Social Security cards representing cash and benefit payments for Social Security and SSI

Now that all payment dates have passed, everyone collecting that benefit should have seen their increase for the first time.

Payments are sent on the second, third, and fourth Wednesday of every month depending on when the recipients birthday lands.

The average increase made checks around $1,657 for Americans on Social Security.

SSI: What counts as income?

That’s an increase of about $92.

Millions of Americans benefit from this program in retirement and rely heavily on the funds to survive.

Other Social Security benefits see the increase

Social Security wasn’t the only program to see a 5.9% COLA increase this year.

SSDI: How to be eligible for Disability benefits

SSI recipients saw a boost as well.

They received their first check on Dec. 30, 2021 due to Jan. 1, 2022 being a federal holiday.

SSI recipients have a different schedule and receive benefits on the first of every month.

Social Security: How much in benefits can I collect?

Their next check will be issued on Feb. 1, 2022.

The monthly maximum rose from $794 to $841 per month in 2022.

Over 7.8 million Americans benefit from the SSI program.

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