"Double Social Security Payments Arrive for Eligible Americans This Week"

1 min read
Source: Fox Business
"Double Social Security Payments Arrive for Eligible Americans This Week"
Photo: Fox Business
TL;DR Summary

Due to a scheduling quirk, some Americans will receive two Social Security payments this week, with roughly 7.4 million SSI recipients getting their March payments early on March 1. This is not extra money, but an early payment for the following month. Many retirees are struggling financially due to high inflation, with concerns over rising costs for necessities like food, rent, and medical care. The modest 3.2% cost-of-living increase this year has left many dissatisfied, leading some to consider seeking employment.

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