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How Will Your Social Security Stack Up to the $4,194 Max?

How Will Your Social Security Stack Up to the $4,194 Max?

In 2022, the maximum Social Security benefit will be $4,194 a month. The average check for retired workers was $1,562 in October 2021. When you account for the 5.9% cost-of-living adjustment (COLA) that Social Security recipients will get in the new year, someone currently receiving $1,562 would see their payments increase to $1,654.