The distribution of the February Social Security checks is just around the corner, find out more details about it.
The February Social Security checks are also announced to be adjusted according to this year’s COLA. (Photo: Colorado Springs Gazette)
The Schedule For February Social Security Checks
The February Social Security checks will be received by its recipients on different dates depending on their birthdays. Those who have received Social Security before May 1997 will receive their February Social Security checks on the third day of the month.
Those with birthdays falling between the first and 10th, 11th and 20th, or 21st and 31st of the month will receive their February Social Security checks on the second, third, or fourth Wednesday of the month, respectively. SSI recipients will generally receive their February Social Security checks on the first of each month.
According to a published article by SmartNews, if the February Social Security checks don’t arrive on the expected date, the Social Security Administration advises waiting three additional mailing days before contacting them about the February Social Security checks’ delay.
COLA Adjustment For 2024
In a published article by Money, the February Social Security checks will reflect a 3.2% cost-of-living adjustment for 2024, which is lower than last year’s increase but still above average due to inflation.
The average monthly payment for all beneficiaries was about $1,767 as of December 2023, and it is expected to increase by $50 a month in 2024.
Supplemental Security Income payments will be distributed on the first of the month, while Social Security payments for certain beneficiaries will be sent out on the second.
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