In the coming weeks, the Social Security Administration will begin making payments for the month of May. This means that those United States retirement beneficiaries who meet the requirements will have their payment very soon.
But also note that there are a total of 4 different payments during the month of May. This means, directly, that we could get the payment in those days or a little later. It all depends on which group of retirees we belong to. Social Security will send a check, that’s for sure, but the exact day will depend on several factors.
Full schedule of Social Security payments in May 2024
To get a clearer picture, the best thing to do is to look at the complete Social Security payment schedule for May 2024. Only then will we have an overview of the days on which we might be able to collect a check.
With that in mind, let’s look at the exact days of Social Security payment in May of this year 2024:
- May 3rd.
- May 8th.
- May 15th.
- May 22nd.
In case your benefit is prior to May 1997, the birthday does not matter. So all beneficiaries under this requirement will have the payment on May 3rd. Different is if our check is after May 1997. In that case, the day of the birthday is important to know the day of collection.
Payment on May 8th requires a birthday between the 1st and 10th of the month. The May 15th payment requires a birthday between the 11th and 20th of any month. The last payment day of May, the 22nd, requires a birthday between the 21st and 31st.
In addition to the birthday requirement, we must also add the requirement of having a retirement benefit as of May 1997. Only then will we be able to obtain Social Security on one of these days. So if you are in that group and your birthday is between the 11th and 20th, you will have to wait a little longer to get your May retirement payment.
Either way, you can mark the day on your calendar when the Social Security Administration will send you your payment. Remember, however, that it is the day of remittance, not the day you get the money. In order to get the money immediately, you will need to activate Direct Deposit as a collection method.