Cola raises 2022 Social Security payment – ​​exact dates $1,657 checks sent in March – but it depends on your birthday

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Full Social Security benefits

Your full Social Security benefit depends on the age at which you retire.

If you retire at age 67, which is full retirement age, in January 2022, your maximum benefit would be $3,345.

If you retire at age 62 in 2022, your maximum benefit would be $2,364, according to the Social Security Administration.

If you retire at age 70 in 2022, your maximum benefit would be $4,194.

The SSA also confirmed that the maximum amount of earnings subject to Social Security tax would increase this month.

This will increase from $142,800 to $147,000, following an increase in average salaries.

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