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FINANCE NEWS

$1,800 social security checks: exact mailing dates in March 2023

The SSA continues to issue increased social security payments of $1,800 and up and the exact shipping dates in March 2023 have been confirmed.

Los pagos del Seguro Social aumentarán para el próximo año. Te explicamos cuánto dinero podrías recibir si tienes más de 67 años.
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Starting in 1940, the Social Security Administration (SSA) has been sending monthly checks to retired workers. Additionally, every month the SSA distributes funds to individuals receiving Supplemental Security Income (SSI), as well as other disability and survivor benefits.

Last year, the SSA announced an 8.7% cost of living adjustment (COLA), resulting in higher Social Security payments for 2023. The SSA has already disbursed payments for January and February and is currently sending out benefits for March.

Social Security payments in 2023

In 2023, the average retiree payment will increase to approximately $1,827 due to the COLA increase, according to the SSA. For SSI recipients, the median payment is around $656. However, these monthly amounts are only approximations. The SSA calculates benefits on an individual basis each year using the Primary Insurance Amount (PIA) rather than the current benefit. To learn more refer to our explanation of how beneficiary payments are calculated..

$1,800 Social Security checks: exact mailing dates in March 2023

Recipients of SSI payments receive their funds on either the first or last day of each month, with payments distributed on the last day of the month if the first day falls on a weekend. Individuals who began receiving their Social Security payments prior to May 1997 receive their benefits on the third day of each month. For all other Social Security payments, disbursement is based on the recipient’s date of birth.

  • Second Wednesday of the month: retirees with a date of birth between the 1st and 10th
  • Third Wednesday: beneficiaries born between the 11th and 20th
  • Fourth Wednesday: retirees born between 21 and 31

These are the dates of the March payments that have already been sent:

  • March 1: SSI recipients
  • March 3: Payees who began receiving their payments before May 1997

These are the dates of the remaining payments for March:

  • March 8: Beneficiaries with a date of birth between 1 and 10
  • March 15: Beneficiaries with a date of birth between 11 and 20
  • March 22: Beneficiaries with a date of birth between 21 and 31
  • March 31: SSI Recipients

It is important to mention that two Supplemental Security Income (SSI) payments are sent in March, the one corresponding to this month and the advance payment for April, since the first day of the month is Saturday.

We share the complete schedule of payments for 2023.