Supplemental Security Income beneficiaries will receive their May payment on Friday. It is worth $914 for individual filers.
The monthly payment will be disbursed on Monday, and different amounts will go to individual filers, joint filers, and essential persons. Individual filers will receive $914, and eligible couples will receive $1,371. Essential persons, who live with someone receiving SSI payments and provide them with necessary care, will get a monthly payment of $458, according to the Social Security Administration.
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The payments beneficiaries receive every month are delivered on the first day of each month, except for when the first day of a month falls on a weekend or a holiday. When that is the case, the SSA issues its monthly SSI checks on the last business day before the month begins.
The adjusted schedule means beneficiaries still receive 12 checks per year, even though some months receive two checks and some receive none.
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There are multiple months in which two payments are delivered in the same month this year: March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October, and the first of January is always a holiday.
SSI payments were first issued by the SSA in January 1974, and payment rates have increased for cost-of-living adjustments since 1975, according to the agency.
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April 30, 2023 at 06:46PM
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Social Security update: Direct payment worth $914 arriving in one day - Washington Examiner
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