The United States Social Security payment schedule follows a fixed schedule each month. But it is true that sometimes we can find some irregularities that change part of the payment schedule.
And in the month of May we find that a change causes the payments of one of the benefits to be double. So before the end of the month we can get an extra Social Security check to be able to use on whatever we want and whatever we need.
Who gets the extra Social Security payment in May?
This extra Social Security payment in May is none other than the Supplemental Security Income payment. The extra check for this benefit will arrive on the 31st of May only for beneficiaries who have this benefit previously accepted.
Thus, each and every beneficiary with Supplemental Security Income can get payment of this check on the 31st of May. But it is true that it will depend on the collection method activated. If we have Direct Deposit, the money will arrive on the 31st. If not, it will arrive a few days later.
Maximum amount of the extra Social Security check
The maximum payment for this monthly benefit is $943 in this year 2024. Supplemental Security Income payments have become that large after the COLA increased them from the maximum check in 2023.
Also, remember that not all SSI Supplemental Security Income payment recipients get the maximum amount. How much money each recipient gets depends directly on his or her monthly income. The more income, the smaller the SSI check and vice versa.
Ultimately, the monthly Supplemental Security Income payment is a payment for the neediest citizens. That’s why getting an extra check on the 31st of May is so important. Although it is also true that this is not really an extra payment as such, but an advance check for the month of June 2024.
In the case of getting the Supplemental Security Income money in advance means that in the same month we will not have a payment as such, but we will already have the money before. So we have to watch out the budget for the month in a more organized way so that we don’t run out of Social Security money early.