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Social Security: $1,657 payments going out TODAY

Millions of Americans collecting Social Security retirement benefits are set to see a payment worth $1,657 on average today, May 25.

social security card with cash and check representing benefits

Those with birthdays between the 21st and 31st of any given month who collect benefits will see their payment today.

Benefits are sent from the Social Security Administration to retirees on the second, third, and fourth Wednesday of every month.

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When will I see my Social Security payments?

Retirees that have birthdays between the first and tenth of the month will get their benefits on the second Wednesday of the month.

Their next checks will arrive from Social Security on Wednesday, June 8th.

Those with birthdays between the 11th and 20th of each month will see their checks on the third Wednesday of each month.

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Their next check will land on Wednesday, June 15.

Finally, as previously mentioned, everyone with birthdays on and after the 21st will see theirs on the fourth Wednesday of each month.

The payments for 2022 have risen on average by $92.

This is thanks to the 5.9% COLA adjustment that tried to help seniors keep up with inflation.

Couples saw an average increase from $2,599 in 2021 to $2,753 in 2022.

The most anyone will see in Social Security benefits is $4,194.

What you receive is based on your 35 highest earning years. The age you are when you retire matters as well.

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