India, April 18 -- Millions of Social Security beneficiaries born between the 21st and 31st of any month will receive their April payments on Wednesday, April 23, marking the final disbursement for the month. This round of payments includes a 2.5% cost-of-living adjustment (COLA) implemented in January 2025 to help retirees offset inflation, which remains at 2.8% nationally, according to a Yahoo Finance report.

The April 23 payment applies to retirees, survivors, and disability beneficiaries who began receiving benefits after May 1997 and whose birthdays fall in the latter third of the month 19. Recipients who retired at age 62 can expect an average monthly payment of $2831 while those who delayed retirement may receive up to $5108, depe...