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COLA Social Security payment increase 2022 latest — Millions to get up to $4,194 in just days – see exact date

THE next Social Security direct payments of up to $4,194 are going to be deposited into accounts in just days.

Retirement benefits are distributed to retirees in three installments on Wednesdays, depending on their birthdays.

For this month, the next payment is due to drop on November 16 while the following will be on November 23

This year, the maximum monthly Social Security payout is $4,194, while the average benefit is $1,657.

The same payment schedule will be used for taxpayers who also receive Social Security Disability Insurance.

Read our COLA blog for news and updates…

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    For parents looking ahead to their child’s future education, CalKIDS could come in handy.

    It’s a taxpayer-funded scholarship program that provides up to $100 automatically to every child born after July 1. 

    Children do not have to be US citizens in order to benefit.

    The investment will increase year by year so that each child will have $1,500 saved for their future higher education.

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    The funds can go toward any other expenses besides tuition.

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    Tuition isn’t the only thing you have to pay for when going to school as students must pay for parking, books, school supplies, and…

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