The final $4,555 checks will be distributed in December ahead of the $58 increase — view the dates in detail. COLA Social Security 2023 updates
Social Security recipients are currently receiving an average monthly check of $1,827, thanks to the 8.7% Cost-of-Living Adjustment (COLA) for 2023. The maximum payout stands at $4,555, providing essential financial support for millions of beneficiaries. Birthdays Determine Payment Dates Beneficiaries born before December 14 can expect their monthly payments, while those born between December 11 … Read more