Social Security Checks Are Bigger This Year — Here's When Benefits Will Pay Out
By:
Pete Grieve
Pete Grieve
Reporter | Joined May 2024
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A sizable cost-of-living adjustment to Social Security kicks in this month, meaning beneficiaries are about to see their monthly checks increase — by an average of $58.
According to the Social Security Administration's payments schedule for 2024, the first Social Security checks of the year will be distributed on Wednesday (Jan. 3). This batch of payments is for people who claimed Social Security before May 1997 as well as those who receive both Social Security and Supplemental Security Income (SSI).
For most Social Security beneficiaries, the payments calendar is based on your birthday.
