May 7, 2024

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This is the exact date he will reach.

This is the exact date he will reach.

There are only a few days left for some eligible US residents to get their first Checks up to $4,555

the Social Security checks It will continue to be delivered regularly during the month of May as scheduled.

SSA reminds eligible individuals that The maximum benefit is $4,555 per monthbut she Depends on specific requirements.

this year Increase cost of living adjustment (COLA) to 8.7% made it possible to increase payments to Social Security recipients in the United States, with an average value of $1,827.

we tell you What are the requirements you must meet to receive checks each month? and the The exact date on which it will be delivered.

Who is eligible to receive a Social Security payment in May?

to Receive Social Security payments each month in the United States It is necessary to fulfill a basic requirement, Be over the age of 66 and be retired.

The full retirement age in the United States is 67, and depending on when a person retires, they will have a greater or lesser entitlement to a monthly amount of money.

For example, people who retire after age 67 are entitled to a monthly check for $3,626, which will increase through 2023 due to the increase in COLA.

However, this It does not mean that in all cases the monthly amount is received Since the SSA benefits are calculated on an individual basis each year.

For this, it takes into account the basic insurance amount (PIA) adjusted for inflation values ​​and the income that was during the previous year. From here you can access to SSA calculator To get an estimate of the amount that corresponds to you in the future.

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What is the due date for SSA payments?

here they are The exact dates the Social Security Administration will send payments for the month of May to all beneficiaries.

As usual, the calendar is guided by the date of birth of eligible persons and the funds arrive in their accounts on Wednesday, as applicable.

he On May 3 you will receive your SSA checks Those beneficiaries who began receiving their payments prior to May 1997

the next Wednesday, May 10, recipients will receive the payment Those born between the first and tenth day.

to Social Security checks are due May 17 For beneficiaries with a date of birth between 11 and 20

And those born between the 21st and the 31st will take Your payment is on Wednesday, May 24thLast round of checks for that month.

What other Social Security payments will be received in May?

Like every month, everything Supplemental Security Income recipient (SSI) You get a lump sum payment on the first day.

This time, May 1st does not coincide with any holiday date, so there will be no last minute changes and the payment will arrive as expected.

People who have either The following applicants are eligible to receive this one-time payment each month Throughout the year:

  • You are 65 years of age or older
  • go blind
  • helpless
  • You have a low income or limited resources

In any of the above cases, An eligible person must also be a citizen of the United States or an alien with some designation granted by the Department of Homeland Security (DHS)

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There is, too Other eligibility criteria Which you can review from the official Social Security page.

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