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Social Security COLA Payments For April: Here's When They Will Be Issued
Social Security COLA Payments For April: Here's When They Will Be Issued

The Social Security Administration has announced that the next round of payments will go out on April 9 as part of its staggered distribution system, which schedules checks according to people’s birth date and the date they started to receive benefits. According to the administration, the beneficiaries who will receive the next round of payments are people born between the 1st and 10th of any month and those who began receiving payments after May 1997, per Newsweek . How does the Social Security Administration distribute payments? The SSA issues payments in three waves every month. If a person started receiving benefits after May 1997 and their birthday falls between the 1st and 10th, they get their payments on the second Wednesday of the month. For people born between the 11th and 20th, payments arrive on the third Wednesday. Those born between the 21st and 31st get their payments on the fourth Wednesday. People who started receiving benefits on or before May 1997 follow a...

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