COLA social security 2022 – February dates for SSI recipients as next automatic checks sent in 10 days

COLA social security recipients can expect the first automatic checks to be sent out in 10 days. The money will, no doubt, be very welcome as the latest figures show inflation is now at 7 percent and expected to climb higher in the coming months. Social Security checks have seen a boost because of the 5.9 percent cost-of-living adjustment (COLA) increase which came into force on January 1. It was the biggest COLA rise in around 40 years, and means checks will see a $92 increase on average, from $1,565 to $1,657. It comes as families with children can automatically… Read Full Article