SSI Payment Schedule for May 2024: Supplemental Security Income (SSI) and other social program funds have become indispensable sources of income for a substantial number of low-income families across the nation. Thus, beneficiaries often want to know when they will get access to the resources. Read on for this and other important payment information.
Thousands of people receive this money monthly from the Social Security Administration (SSA). Staged payments are made based on beneficiaries’ birthdates. Monthly payments are due simultaneously, regardless of the day.
The SSA reports that payments are consistently processed at 12:01 a.m. on the designated payment date. Regarding SSI, the allocation of resources occurs on the initial day of every month. However, in the event that the beneficiary is also eligible for Social Security Disability Income (SSDI), this payment will be disbursed on the third of every month at 12:01 a.m.
Possible Reasons for Double SSI Payment in May
Have a question about your Social Security benefits, retirement, or Social Security card? Browse our Frequently Asked Questions: https://t.co/sO1fXlFmmU
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This month, on what date will SSI checks be deposited?
SSI payments are made on the first of each month. If the 1st is a weekend or holiday, the deposit is pushed to the day before the next working day. Thus, beneficiaries will get two deposits in May.
Since June 1 is a Saturday this year, the SSA will issue the payment on Friday, May 31.
The Social Security Administration recommends waiting three mailing days before contacting a bank if payment is not received by the deadline to rule out any concerns. If your bank isn’t the problem, visit your local SSA office.
2024 Social Security Benefits: Maximum SSI Benefit Revealed
If you are an SSI recipient or Social Security Disability Insurance (SSDI) beneficiary, it’s important to report your wages to Social Security. Learn how to save time and a trip to the office: https://t.co/6iUk00evfo.
— Social Security (@SocialSecurity) April 11, 2024
