COLA increase Social Security 2022 – Automatic checks of $1,657 arrive with SSI updates via My Social Security portal

MILLIONS of Social Security checks worth up to $1,657 were sent out this week to seniors across America. Benefits are paid out on the fourth Wednesday of every month to those who were born on the 21st to 31st of the month. 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 get monthly Supplemental… Read Full Article