"January 2024 Social Security Update: Payment Schedules and New COLA Increase"

1 min read
Source: AS USA
"January 2024 Social Security Update: Payment Schedules and New COLA Increase"
Photo: AS USA
TL;DR Summary

Social Security payments in January 2024 are scheduled based on recipients' birth dates, with the first batch of increased payments sent on January 3, 10, 17, and 24, for those born in different date ranges of the month. Supplemental Security Income (SSI) payments, typically distributed on the first of the month, were sent on December 29, 2023, due to January 1 being a federal holiday. Recipients who have been receiving benefits since May 1997 or earlier, or who receive both Social Security and SSI, also received their payments on January 3.

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