Boston, MA – The Social Security Administration has announced a significant change in May payments, allowing beneficiaries to receive up to three different checks in the same month. This unexpected development has caught the attention of United States citizens who rely on these payments for their financial well-being.
Typically, individuals receiving Social Security benefits expect to receive a retirement check and, at most, an extra Supplemental Security Income payment each month. However, the possibility of getting three separate checks in May has created some confusion among retirees. Despite the checks not all being for the same benefit, recipients can still access all three without any issues.
To qualify for the three Social Security checks in May, beneficiaries must have both a retirement check and Supplemental Security Income payment. Additionally, having Direct Deposit activated is necessary to ensure immediate access to the payments without any delays. By meeting these requirements, recipients can receive two Supplemental Security Income checks and their retirement payment within the month.
The schedule for the three May Social Security payments involves the Supplemental Security Income checks being sent out on the 1st and 31st of May. It is important to note that while the payment on the 1st applies to May, the one on the 31st actually pertains to June benefits. As for the Social Security retirement payments, they will be distributed on the 3rd, 8th, 15th, or 24th of May, depending on the individual’s circumstances.
Retirees who began receiving benefits before May 1997 can expect their payment on the 3rd of the month. On the other hand, those who retired after May 1997 will receive their checks on the 8th, 15th, or 24th of May. The exact payment date varies based on the beneficiary’s birthday, ensuring that each individual receives their benefits in a timely manner.