Albany, New York – The Social Security Administration recently announced changes to Supplemental Security Income (SSI) payments for May, ensuring beneficiaries will receive two payments this month due to the June 1 payment falling on a Saturday. According to the agency’s procedures, payments are rescheduled to the prior working day, Friday, May 31, impacting SSI recipients, retirees, survivors, and disabled individuals.
Beneficiaries can expect their regular SSI payment on May 1st, along with an additional payment on Friday, May 31st. This adjustment is part of the Social Security Administration’s efforts to ensure timely and consistent disbursement of benefits to those in need.
Established to provide financial assistance to millions of Americans in need, the Social Security Administration plays a vital role in helping individuals cope with rising costs and meet essential needs such as food and shelter. The SSI program, specifically designed for low-income seniors over 65 and disabled individuals, distributes monthly payments to eligible recipients, with additional allowances for couples and those meeting specific criteria.
In an effort to improve access to the SSI program, the Social Security Administration has implemented a new rule regarding In-Kind Support and Maintenance (ISM) calculations. This rule, effective September 30, 2024, excludes food from ISM calculations, addressing a common hurdle for many applicants seeking eligibility for assistance.
For those interested in the remaining 2024 Social Security payment schedule, detailed information can be found on the official website. It is recommended to wait at least three business days if a payment does not arrive on the expected date before contacting the Social Security Administration for assistance.
Overall, these updates to the SSI payment schedule and program rules aim to streamline processes and ensure timely support for those in need, reflecting the Social Security Administration’s ongoing commitment to serving the American public.