Those who received the first round of Social Security checks reflecting the new 5.9 percent cost of living adjustment have already received their February checks.
For those who qualify, the raise is the largest in nearly 40 years, and it couldn’t have come at a better time. As the pandemic continues, inflation is expected to rise to 7%.
The following is the Social Security payment schedule for February:
If your birthday falls on the first or second Wednesday of the month, you’ll receive your payment on Feb. 9.
You’ll receive your payment on Feb. 16 if your birthday falls between Feb. 11 and Feb. 20.
If you were born between January 21st and January 31st, your check will be mailed to you on Wednesday, February 23rd.
Supplemental Security Income (SSI) may be available to you if you feel that your monthly Social Security check is not enough to cover your basic expenses. On February 1, SSI will be paid out.
If you began receiving Social Security benefits prior to May 1997, or if you receive both Social Security and SSI, you will receive your SSI payment on February 1 and your Social Security payment on February 3.
Creating a personal Social Security account allows you to monitor your benefit payments, statements, and any other issues you may have.
This will give you access to your Social Security account around the clock, allowing you to get benefit statements and verification letters immediately and handle most administrative tasks from the privacy of your own home.