Starting in May, beneficiaries of Supplemental Security Income (SSI) will receive an early payment intended for June. This change has been made by the Social Security Administration (SSA) to ensure recipients have access to their funds at the start of the new month. Here’s everything you need to know.
The SSA has set up a payment schedule for Social Security and SSI recipients well in advance. Beneficiaries will notice an early second SSI payment in May, intended to cover their benefits for June. The reason for this early distribution is to provide recipients full access to their funds as the new month begins.
When is the second SSI payment in May, and why is there an extra payment in May?
Two SSI checks have already been distributed to beneficiaries this month. The first one was sent on May 1, and the next Social Security check went out on May 14. But wait , there’s more. A second SSI check is scheduled for May 30.
The additional SSI check may seem surprising, but it’s not a “bonus” or unexpected gift from the SSA. Rather, it is a standard part of the payment schedule. This check is for June and ensures recipients can start the new month with the funds they need. This means there will be no SSI payments at all for the month of June.
What should SSI beneficiaries do about this change?
While this early payment might sound like a gift, beneficiaries need to plan carefully. Without a payment in June, it’s important to manage May’s budget accordingly. The next SSI payment will not arrive until July 1st.
Yes. Similar payment shifts will occur in the future. The SSA will send the September SSI check at the end of August, and the November check will be paid at the end of October. As a result, there will be no SSI payments in September and November. Mark your calendars!
Does this affect those receiving both Social Security and SSI?
Yes. Individuals who receive both Social Security and SSI should keep in mind that their payment dates may differ slightly. If you’ve been receiving Social Security before May 1997, or if you get both Social Security and SSI, your Social Security check will come on the 3rd, while your SSI check will arrive on the 1st.
What’s the bottom line? The SSA’s decision to send the second SSI payment early this month is designed to ensure beneficiaries have full access to their benefits as June begins. While recipients won’t receive an SSI payment in June, they can rely on the scheduled July payment. It’s crucial to plan your budget around these changes, and be aware that the pattern will continue in the months ahead.
Important dates to remember:
- May 30: Early SSI payment for June
- July 1: Next SSI payment
- August 30: Early SSI payment for September
- October 30: Early SSI payment for November
Stay informed, plan ahead, and make sure you’re ready for these changes!