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5h ago

Final January Social Security Payments Arrive Wednesday for Last Birth-Date Group

Payments are staggered by birth date under a schedule that also reflects this cycle’s 2.8% cost-of-living increase.

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Overview

  • Retirees and other beneficiaries born from the 21st to the 31st receive the month’s final Social Security payment on Jan. 28.
  • The Social Security Administration serves nearly 74 million people and pays on a birth-date schedule, with earlier rounds sent Jan. 14 and Jan. 21.
  • Many January deposits increased after a 2.8% COLA took effect for this payment cycle.
  • Reports differ on the top monthly benefit at age 70, citing either $5,108 (SSA figure reported by the Washington Examiner) or $5,181 (reported by Hindustan Times).
  • Separate Supplemental Security Income benefits for February will be paid on Jan. 30, with maximums of $994 for individuals, $1,491 for couples, and $498 for essential persons.