NEXT PAYMENT For Seniors, SSI, SSDI, SSA & Social Security | Dates & Amount Update June/July 2022
Payments are increasing due to the updated cost-of-living adjustment (COLA). This increase was implemented to reflect the rapidly rising US inflation rate which is now 7.5 percent, the highest rate since January 1982. COLA payments are distributed on the second through fourth Wednesdays of every month, and the date is based on the recipient's birthday. Those on Social Security Disability Insurance (SSDI) generally follow the same schedule. However, SSDI recipients who started claiming on or before 1997 will get their payments on the third of every month. If the third lands on a weekend, or an eligible holiday, you'll get your benefits on the banking day before. The SSI payment schedule works similarly to those who started claiming SSDI on or before 1997. Instead of the third, however, SSI payments are paid on the first of every month, unless impacted by a holiday. SSI recipients include adults and children with a disability or blindness who have income and resources below specific financial limits SSI payments are also made to people age 65 and older without disabilities who meet the financial qualifications.


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