No, Social Security recipients won’t get a bonus payment in May

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No, Social Security recipients won’t get a bonus payment in May
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Here are the top stories from the noon newscast on May 13, 2024.

Supplemental Security Income recipients will get a second payment in May. But it’s an advance for June – not a bonus payment.These benefit payments typically come on a set date each month. But several VERIFY readers texted us to ask if Social Security recipients will receive a bonus payment in May. , such as those who are blind, disabled or at least 65 years old with very limited financial resources, typically get paid on the first of the month.

This can be a problem if the first falls on a weekend or federal holiday when banks are closed, like it does on Saturday, June 1, 2024. As a workaround, SSI payments are That means SSI recipients will get their June payment on Friday, May 31, in addition to the payment they already received on May 1. SSI recipients will also receive advance payments in August and November 2024. Social Security’s 2024 benefits payment schedule isteam works to separate fact from fiction so that you can understand what is true and false. Please consider subscribing to our dailyKUSA would like to send you push notifications about the latest news and weather.

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