Occasionally, due to the Social Security schedule, beneficiaries get one less day of payments in a month.
Recipients of Social Security should look out since June promises one less payment to look forward to. This is the case for next month. The June 1 payment for Supplemental Security Income recipients will go out a day early on Friday, May 31. This is because June 1 falls on a Saturday this year.Traditionally, Social Security checks arrive on the third of each month in addition to the second, third and fourth Wednesday of each month.
'Obviously daily expenses for this age group continue to rise, but the uptick in healthcare costs are putting an additional strain on them, and COLA payments may not be enough to match that uptick.'Some seniors and analysts have instead called for the COLA to reflect the inflation seniors specifically face on their health care, housing and transportation costs, which is more fully reflected in the consumer price index for the elderly .
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