The second set of Social Security payments, incorporating the revised 5.9% cost of living adjustment, was issued this month. The beneficiaries are now expecting the third, which will arrive in March. The COLA boost was the greatest in over 40 years for those who qualified, and it couldn’t have come at a better time. Inflation in the United States is already at a stunning 7.5 percent. It is projected to continue to rise as the epidemic and supply chain concerns it has produced continue to rage.
Social Security Schedule For March
The Social Security payout schedule for March is as follows:
- If your date of birth falls between the 1st and 10th of the month, your money will be paid on March 9, the second Wednesday.
- If your birthday falls between the 11th and the 20th, your money will be distributed on March 16, the third Wednesday.
- If you were born between January 21 and December 31, your payment would be distributed on March 23, the third Wednesday.
Find your monthly Social Security check is insufficient to satisfy your basic requirements. Then, you may be welcome to apply for Supplemental Security Income to receive a monthly payment in addition to your SS check. The first payment of SSI was made on March 1.
If you began getting Social Security before May 1997, or if you get both, your SSI payment should have arrived on March 1 and your Social Security check on March 3.
You can keep track of your welfare benefits, notifications, and other Social Security problems by opening your own account. This will enable you to log in to your Social Security account 24 hours a day, seven days a week. Also, it will enable you to acquire benefit statements and verification letters promptly, allowing you to handle most administrative tasks from the comfort of home.