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Cola increase Social Security 2022 update – Automatic new ‘$1,657 checks’ being sent THIS WEEK ahead of $821 SSI boost

Cola increase Social Security 2022 update – Automatic new ‘$1,657 checks’ being sent THIS WEEK ahead of $821 SSI boost

A HUGE new round of Cola Social Security payments are set to be sent out this week. Due to the cost-of-living adjustment (Cola), Social Security payments will be going up 5.9 percent for approximately 70 million retired Americans. It’s the biggest increase in 40 years. Monthly payments are based on employment history and the age at which individuals first claim benefits. The Social Security Administration (SSA) mailed COLA notices throughout December to retirement, survivors, and disability beneficiaries. Now, Americans receiving these adjusted checks can expect to see them soon. Those whose birthdays fall between the 11th and the 20th of… Read Full Article