COLA 2022 Payments $1,657 checks sent on January 19
Millions of Social Security recipients in the United States will receive a $1,657 check today, January 19, with checks arriving on the third Wednesday of each month, beginning today, for those born between the 11th and 20th.
Supplemental Security Income (SSI) beneficiaries will get an additional $821 in addition to their forthcoming installments. Due to the new cost-of-living adjustment (COLA) and the holidays, these claimants received two checks in December, with another due to arrive on February 1.
According to the Social Security Administration, the monthly limit for SSI has increased from $794 per month in 2021 to $841 per month in 2022 for an individual.
This affects a large number of people in the United States, with the Social Security Administration reporting in July that more than 7.8 million Americans get SSI benefits.
Is it possible for seniors to receive Social Security and SSI benefits?
Yes, they are capable.
The COLA resulted in a 5.9% increase in Social Security payouts for about 70 million retired Americans, the largest increase in 40 years.
The amount you pay each month is determined by your work history and the age at which you first applied for assistance.
The Social Security Administration (SSA) issued COLA notices to retirement, survivors, and disability beneficiaries in December.
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