THE next batch of COLA checks is set to hit bank accounts in the coming days.
Throughout the year, Social Security checks are being sent on the second, third, and fourth Wednesdays for people whose birthdays fall at the beginning, middle, and end of the month respectively.
The COLA hike means a retired worker will now see, on average, their monthly check increase from $1,565 to $1,657 a month.
Meanwhile, a typical couple’s benefits will rise by $154 – from $2,599 to $2,753 per month.
Disabled Americans will also see their Social Security Disability Insurance (SSDI) rise by 5.9 percent.
And the maximum benefit in 2022 has jumped to $4,194 a month for some Americans.
Read our COLA 2022 increase live blog for the latest news and updates…