Due to the largest cost-of-living adjustment in nearly four decades, beneficiaries can expect an increase of 5.9 percent in their Social Security benefits this year. The Social Security Administration has been forced to raise benefits for the elderly by an average of $100 a month due to rising inflation and supply chain pressures.
Each month, payments will be due at this time:
Second Wednesday of every month for those born on the 1st-10th
Your birthday falls between November 11th and December 21st if it falls on a Wednesday.
It is the fourth Wednesday of every month for those born on the 21st to 31st of the month
Payments begin in January of 2022.
January 12th: Wednesday
Jan. 19th is the third Wednesday
Jan. 26, fourth Wednesday
Payments for February 2022.
Wednesday, February 9th:
The third Wednesday of February is February 16.
Third Wednesday: February 23rd
Amounts due in March 2022
Wednesday, 9th of March
In the third week of March:
March 23 is the fourth Wednesday of the month.
Payments will be made in April 2022.
Wednesday, the 13th of April
Wednesday, the 20th of April
The 27th of April is the upcoming fourth Wednesday
Payments are due in May 2022.
In the second week of May
May 18th: Third Wednesday
May 25th: Fourth Wednesday
Also Read: When a spouse passes away, Social Security’s current formula can leave the elderly Penniless
Payments for June 2022 are as follows:
During the second week of June
June 15th is the third Wednesday
The 22nd of June is the next Fourth Wednesday.
Payments due in July 2022
Wednesday, the 13th of July: the second Wednesday of the month
On the third Wednesday of July
July 27th is the fourth Wednesday of the month
Payments for August 2022 will be made as follows
Wednesday, August 10th
Aug. 17th is the third Wednesday
Wednesday the 24th of August is the fourth Wednesday
Payments will be made in September 2022.
Wednesday, September 14th
The 21st of September falls on the third Wednesday.
Thursday, September 28th
Payments for October of this year:
Wednesday, October 12th
Wednesday, October 19th
Wednesday, October 26th
Payments for November 2022
Nov. 9th, the second Wednesday
Wednesday, November 16th
The 23rd of November is the fourth Wednesday of the month.
Also Read: How much money will I be getting from Social Security?
Payments for December of 2022
Wednesday, December 7
Dec. 21st: Third Wednesday
Wednesday, December 28th
The new rate went into effect on January 1st for Social Security recipients and on December 30th for those receiving Supplemental Security Income (SSI).