Cola increase 2022 Social Security update – New $1,657 checks to be sent in SEVEN DAYS on January 12 in huge boost

The first Cola Social Security payments of 2022 will be sent out this month, with the first ones going to those with a birthday between the 1st and 10th of the month.

People born between those dates will get their Cola-adjusted checks on January 12, 2022.

Payments this year will be 5.9 percent larger than in 2021 following the largest cost-of-living adjustment in just under 40 years, representing a rise of $92 for retirees.

The rise in payments means a retired worker will now see, on average, their monthly check increase from $1,565 to $1,657 a month.

The Cola increase is tied to the consumer price index increase as determined by the US Department of Labor Statistics.

A typical couple’s benefits will rise by $154 – from $2,599 to $2,753 per month, and disabled Americans will also see their Social Security Disability Insurance (SSDI) rise by 5.9 percent.

Read our Cola 2022 increase live blog for the latest news and updates…