Find out what your benefits are for 2023
On October 13, the Bureau of Labor Statistics will release September’s inflation numbers, and soon after, the Social Security Administration usually does the same.
Then, in December, recipients should receive letters detailing their exact payout percentage.
You can still check your pay increase online via the My Social Security website if you do not receive this letter.
Social Security benefits are distributed on a schedule based on the beneficiary’s date of birth, and payments are made on Wednesdays.
December benefits, reflected in checks received in January 2023, are subject to the COLA.