Millions of Americans collecting Social Security retirement benefits are set to see a payment worth $ 1,657 on average today, May 25th.
Those with birthdays between the 21st and 31st of a given month who charge benefits will see their payment today.
When can I see my social security payments?
Retirees who have birthdays between the first and tenth of the month receive their benefits on the second Wednesday of the month.
Their next checks 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.
Their next check lands on Wednesday, June 15th.
Finally, as mentioned earlier, everyone with birthdays on and after the 21st will see their fourth Wednesday of each month.
Payments for 2022 have increased by an average of $ 92.
This is thanks to the 5.9% COLA adjustment that tried to help seniors keep pace with inflation.
Pairs saw an average increase from $ 2,599 in 2021 to $ 2,753 in 2022.
The most anyone would want to see in Social Security benefits is $ 4,194.
What you receive is based on your 35 highest earning years. The age you have when you retire also matters.