Many payments for SSI and Social Security have already been made for the month of February, so some can expect payments soon in March.
The last check for Social Security went out on Wednesday, Feb. 23.
The fourth Wednesday of the month is for anyone who has a birthday between the 21st and 31st of any given month.
Payments have reached an average of $1,657 following the 5.9% COLA increase.
Fourth stimulus check: What’s happening with another $1,400?
How much is SSI?
SSI, which stands for Supplemental Security Income, saw a slight increase from the COLA boost as well.
The average increase is around $34 per month.
This brings an average payment up to $621 per month, with a total of $7,452 per year.
Social Security offices still closed to public nearly two years after pandemic began
The maximum amount a person can receive in a month for 2022 is $841.
That makes the maximum yearly income from SSI $10,092 in 2022.
SSI payment schedule
The SSI payment schedule depends on various factors.
Social Security: Remember these tips to avoid losing $100s
If you started collecting benefits before 1997 then your payment date may be different.
Whether you collect other benefits like Social Security will also impact your payment date.
Below is the official payment schedule for 2022 from the SSA.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to [email protected].