COLA Social Security increase 2022 – Millions of $1,657 payments sent out in April – see the exact date you’ll get yours

MILLIONS of Social Security claimants will start getting their monthly payments today. Social Security benefits are calculated each year based on a cost-of-living adjustment (COLA). This year, the COLA has risen by 5.9 percent, bringing the average Social Security benefit to $1,657. More than 65million seniors rely on Social Security benefits each month. The exact dates you get your payments depend on when your birthday lands. For example, if your birth date is between the first and the 10th, the payment will be deposited on the second Wednesday of each month. Read our COLA 2022 increase live blog for the… Read Full Article