Social Security schedule: When is the first COLA check in January 2023

An 8.7% increase in payment amounts in 2023, the largest increase in 40 years, will result in life adjustment payments equivalent to an additional $146 per month.

[{"selector":"#anim-2bfc7dbc-1f39-48ae-a165-525ab1d352eb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] CREDIT GETIMAGE

[{"selector":"#anim-713423ab-4cca-497f-a157-59f25aa010ba [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] At 8.7%, higher than the current 7.7% rate of COLA inflation will help Social Security recipients, including millions of senior citizens. At 8.7%, higher than the current 7.7% rate of COLA inflation will help Social Security recipients, including millions of senior citizens. CREDIT GETIMAGE

[{"selector":"#anim-561a1614-9bf4-498a-a0cf-1cac7b2c1e73","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Here are the key dates to keep an eye on when you might get your January check. Here are the key dates to keep an eye on when you might get your January check. CREDIT GETIMAGE

[{"selector":"#anim-494d7859-653f-4383-94c1-36721c1d6b25 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(32.628676365179714%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] For birth dates falling on the 1st through the 10th, the first 2023 payment to recipients will be January 11th, as of the second Wednesday of each month. For birth dates falling on the 1st through the 10th, the first 2023 payment to recipients will be January 11th, as of the second Wednesday of each month. CREDIT GETIMAGE

[{"selector":"#anim-a89de59e-4d30-4ca5-a731-a97278c2a77b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-30.744485177275926%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] For birth dates falling on the 11th through the 20th, recipients will be paid on the third Wednesday of each month, with the first 2023 payment for this group being January 18th. For birth dates falling on the 11th through the 20th, recipients will be paid on the third Wednesday of each month, with the first 2023 payment for this group being January 18th. CREDIT GETIMAGE

[{"selector":"#anim-c926ea33-cffc-4598-95be-d4a370c4888e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-453d12e1-fbf1-41d8-bc23-e07ed7c5cd9b","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] For birth dates falling on the 21st through the 31st, recipients will be paid on the fourth Wednesday of each month, with the first 2023 payment for this group being January 25th. For birth dates falling on the 21st through the 31st, recipients will be paid on the fourth Wednesday of each month, with the first 2023 payment for this group being January 25th. CREDIT GETIMAGE

[{"selector":"#anim-38d953e7-f0cc-4a81-bbd5-e7f43fabb3c6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.63970578307931%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] You can continue to work while collecting Social Security if the new Social Security payment amount is still less because of inflation. You can continue to work while collecting Social Security if the new Social Security payment amount is still less because of inflation. CREDIT GETIMAGE

Social Security schedule: When is the first COLA check in January 2023

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Social Security schedule: When is the first COLA check in January 2023

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An 8.7% increase in payment amounts in 2023, the largest increase in 40 years, will result in life adjustment payments equivalent to an additional $146 per month.

An 8.7% increase in payment amounts in 2023, the largest increase in 40 years, will result in life adjustment payments equivalent to an additional $146 per month.

Social Security schedule: When is the first COLA check in January 2023

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