Double Social Security Payments Provide Short-Term Relief Amid Ongoing Inflation Worries
• Some Americans will receive two Social Security payments this week due to a quirk in the schedule when SSI payments coincide with normal payment dates
• The two payments do not represent extra money, just an early payment for the following month
• Social Security recipients received a 3.2% cost-of-living adjustment this year, but many are still struggling with high inflation
• Nearly 60% of seniors on Social Security say they are dissatisfied with the payment increase and are facing financial hardship
• The 3.2% increase for 2023 is a steep decline from the 8.7% increase retirees received last year