SSDI

SSDI Check for January 2023 | Are You Expecting a COLA Increase Today?

SSDI Check for January 2023 | Are You Expecting a COLA Increase Today? As we step into 2024, Social Security Disability Insurance recipients anticipate their cost-of-living adjustment (COLA) this month. The adjustments will be reflected in the January payments, arriving through various channels and dates depending on individual circumstances.

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COLA Increase Disbursement

Social Security Disability Insurance beneficiaries will begin receiving their COLA increase with January payments. The method and date of payment distribution vary, determined by factors such as the duration of receiving SSDI and the recipient’s birthday.

Direct Deposit and Payment Dates

For some recipients, direct deposits may begin arriving today, while others can expect their funds throughout the month. To understand when your payment will be disbursed, refer to the specific dates outlined below.

Payment Schedule Based on SSDI Start Date

Recipients who have been receiving SSDI since May 1997 or earlier can anticipate their payments on the third day of each month. Exceptions apply if the third day falls on a weekend or holiday, in which case the payment is issued on the nearest business day.

Birthday-Dependent Payment Schedule

For those who started receiving SSDI after May 1997, the payment schedule aligns with Social Security payment dates, categorized by birthdays:

First to 10th: Payments on the second Wednesday of the month.
11th to 20th: Payments on the third Wednesday of the month.
21st to 31st: Payments on the fourth Wednesday of the month.

January SSDI COLA Increase Disbursement Dates

To provide clarity on when your SSDI COLA increase will arrive in January, refer to the following schedule:

Jan. 3: Payment for those receiving SSDI since before May 1997.
Jan. 10: SSDI payment for those with birthdays from the 1st to the 10th.
Jan. 17: SSDI payment for those with birthdays from the 11th to the 20th.
Jan. 24: SSDI payment for those with birthdays from the 21st to the 31st.

For additional information or to address any concerns regarding Social Security payments, please reach out to the Social Security Administration.

Conclusion

Understanding the specific disbursement schedule based on your SSDI start date and birthday is crucial for recipients eagerly anticipating their January 2023 COLA increase. Ensure a smooth process by referring to the outlined dates and contacting the Social Security Administration for any inquiries or issues.