SSI payments are not over in May says Social Security. If you qualify for the Supplemental Security Income payment on May 1, you may also get another one later in the month said the Administration.
Apparently, a new SSI check or direct deposit will be due on May 31, 2024. Social Security usually sends a Supplemental Security Income payment per month only.
WHY HAS SOCIAL SECURITY SCHEDULED 2 SSI PAYMENTS IN MAY?
The main reason why Social Security will send 2 SSI payments in May is because June 1 is on the weekend. SSA never sends payments on the weekend, so it had to re-schedule the payment.
Therefore, the SSI payment for June will be sent one day in advance. By doing so, Social Security avoids late payments. Keep in mind that Supplemental Security Income is for needy families.
Thus, delayed or late payments are something to be avoided. Do not forget that the SSI check due on May 31 is not a bonus or extra payment. Undoubtedly, it will come in handy since many recipients may have already run out of money.
ARE SSI PAYMENT AMOUNTS THE SAME ON MAY 1 & 31?
Although the maximum benefit amounts will remain the same for May 1 and May 31, some recipients may get different amounts. That could happen if your financial situation worsens or improves.
Any reported changes in your personal situation may affect amounts and eligibility. So, if you get married or get a new job, you must inform SSA. On average, SSI recipients get about $699. The largest payment is worth $943 if single.
Essential persons can receive up to $472. Eligible married couples can get up to $1,415. If you have a low income and little to no resources, you may want to apply for Supplemental Security Income. Having a disability, being blind or being at least 65 are the different ways to qualify. Both adults and children can apply.