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Social Security: $1,657 checks going out TODAY

Today is a Social Security check payment day, which means millions of Americans will soon see payments worth $1,657 hitting their account.

social security card with cash representing benefits

Those born between the 11th and 20th of any given month who collect Social Security will be getting their benefit today.

The average check was worth $1,565 in 2021, but thanks to the 5.9% COLA increase for 2022, it was boosted around $92.

Social Security: Common mistakes to avoid

Couples receiving Social Security see an average of $2,753, up from $2,599.

The max amount that any person can see from the SSA is $4,194 in 2022.

Wednesday, May 25 will be the next benefit check. This is for recipients with birthdays between the 21st and 31st of any month.

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How much does everyone get in Social Security?

What you’re paid depends on how much you earned while working and the age you claimed benefits.

COLA 2023: Will benefit recipients see an 8.6% increase?

Many choose to retire early, which can cost you up to 30% of your full benefits.

The earliest you can retire is age 62. Your full retirement age of 66-67 will give you 100% of your benefits.

Putting it off until age 70 will boost your benefits, and that will give you more than your full benefit.

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