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Social Security Payment Schedule for 2023- See The Exact Dates Here

Social Security Payment Schedule for 2023- See The Exact Dates Here
All eyes are on the first Social Security payments of 2023, in which the record-breaking cost of living adjustment (COLA) will start to be reflected in the checks of 66 million beneficiaries. (Photo: Yahoo Finance)

All eyes will be on the first Social Security payments of 2023 when the 66 million beneficiaries’ checks will begin to reflect the record-breaking cost of living adjustment (COLA).

Social Security Payment Schedule for 2023- See The Exact Dates Here

All eyes are on the first Social Security payments of 2023, in which the record-breaking cost of living adjustment (COLA) will start to be reflected in the checks of 66 million beneficiaries. (Photo: Yahoo Finance)

Dates to Pay Attention to in the Social Security Payment Schedule for 2023

As stated by Yahoo Finance, the Social Security Administration will offer an increase of 8.7% in the new payment amounts for 2023, making it the highest adjustment it has provided since 1981 and the fourth-largest COLA in program history. According to AARP, that will amount to an average increase of $146 per check.

Since the first of the month is a holiday and a weekend day in 2023, Supplemental Security Income recipients will receive their first checks on December 30. However, general Social Security recipients will continue to receive their payments on Wednesdays depending on their birthdate. This cadence is as follows, as previously reported by GOBankingRates.com:

  • Recipients are paid on the second Wednesday of every month for birth dates that fall on the first through the tenth.
  • Recipients are paid on the third Wednesday of every month for birth dates that fall on the 11th through the 20th.
  • Recipients are paid on the fourth Wednesday of every month for birth dates that fall on the 21st through the 31st.
Social Security Payment Schedule for 2023- See The Exact Dates Here

All eyes are on the first Social Security payments of 2023, in which the record-breaking cost of living adjustment (COLA) will start to be reflected in the checks of 66 million beneficiaries. (Photo: Yahoo Finance)

Here is the complete Social Security payment schedule for 2023 based on this general rule. Mark these dates on the new calendar that you just opened.

January 2023 Payments

Second Wednesday: January 11

Third Wednesday: January 18

Fourth Wednesday: January 25

February 2023 Payments

Second Wednesday: February 8

Third Wednesday: February 15

Fourth Wednesday: February 22

March 2023 Payments

Second Wednesday: March 8

Third Wednesday: March 15

Fourth Wednesday: March 22

April 2023 Payments

Second Wednesday: April 12

Third Wednesday: April 19

Fourth Wednesday: April 26

May 2023 Payments

Second Wednesday: May 10

Third Wednesday: May 17

Fourth Wednesday: May 24

June 2023 Payments

Second Wednesday: June 14

Third Wednesday: June 21

Fourth Wednesday: June 28

July 2023 Payments

Second Wednesday: July 12

Third Wednesday: July 19

Fourth Wednesday: July 26

August 2023 Payments

Second Wednesday: August 9

Third Wednesday: August 16

Fourth Wednesday: August 23

September 2023 Payments

Second Wednesday: September 13

Third Wednesday: September 20

Fourth Wednesday: September 27

October 2023 Payments

Second Wednesday: October 11

Third Wednesday: October 18

Fourth Wednesday: October 25

November 2023 Payments

Second Wednesday: November 8

Third Wednesday: November 15

Fourth Wednesday: November 22

December 2023 Payments

Second Wednesday: December 13

Third Wednesday: December 20

Fourth Wednesday: December 27

 

READ ALSO: $1,050 Direct Payment Will Be On Your Door Step Eight Days From Now – Here’s For More Information 

 

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