Latest news with #SocialSecuritySupplementalSecurityIncome

Yahoo
29-04-2025
- Business
- Yahoo
Florida SSI recipients to see double payments in May. See the 2025 schedule
Thanks to a quirk in the Social Security Administration's calendar, some people receiving Social Security checks will see three of them in May. But they won't see as many as they're used to in June. About 7.4 million Americans who are disabled or have limited resources get Social Security Supplemental Security Income (SSI) checks every month. Those go out on the first business day of each month. But the first day of June this year falls on a weekend, so they'll get two checks in May instead. About one-third of all SSI recipients also get Social Security benefits, which means three checks will hit their account during the calendar month of May and only one in June. As of March 2025, 541,991 Floridians received SSI payments according to data from the Social Security Administration. Of those, 241,362 were 65 years old or older. 382,222 were visually impaired or disabled. Here's what you need to know. Two SSI checks will be sent out in May, one for that month and another for the next. The same thing happened in February and in November 2024, and it will happen again in August and October 2025. According to the Social Security Administration's 2025 payment calendar, SSI recipients won't receive a check in June since the June SSI payment is scheduled for Friday. May 30. The June payment will be issued early because June 1 falls on a Sunday. Here's a look at the payment schedule for the rest of 2025: Thursday, May 1, 2025 (Check for May 2025) Friday, May 30, 2025 (Check for June 2025) Tuesday, July 1, 2025 (Check for July 2025) Friday, Aug. 1, 2025 (Check for August 2025) Friday, Aug. 30, 2025 (Check for September 2025) Wednesday, Oct. 1, 2025 (Check for October 2025) Friday, Oct. 31, 2025 (Check for November 2025) Monday, Dec. 1, 2025 (Check for December 2025) Wednesday, Dec. 31, 2025 (Check for January 2026) Your Social Security: Social Security starting to withhold 100% of benefits to recoup overpayments. What to know Supplemental Security Income is a benefit payment for those with limited income or resources aged 65 or older, who are blind or have a qualifying disability. Children with a qualifying disability can also get SSI, according to the SSA's website. Adults who earn more than $2,019 from work monthly, typically do not qualify for SSI. Traditional Social Security payments, for recipients who are older or retired, are issued on Wednesdays throughout the month for most recipients. If your birthdate falls between the first and 10th of the month, you are paid on the second Wednesday of the month, which next month is May 14. If your birthday is between the 11th and 20th, you're paid on the third Wednesday (May 21). And if you were born after the 20th of the month, you get paid on the fourth Wednesday of the month (May 28), according to the SSA calendar. Social Security recipients who began getting benefits before May 1997 are paid on the third of the month. If they also get SSI, that benefit comes on the first. If you're a Social Security beneficiary who also gets SSI, that means you'll see three checks in May (your monthly Social Security check plus two SSI checks) and only one in June. Florida had more than 5 million people claiming Social Security benefits as of December 2023, according to the AARP. That included more than 3.9 million retirees, over 478,000 disabled workers, more than 401,000 spouses or survivors and nearly 240,000 children. Nearly one in five Florida retirees, family members, veterans and others receive Social Security benefits, according to the AARP. This article originally appeared on Florida Times-Union: When do I get the SSI check for May? See full 2025 payment schedule

Yahoo
29-04-2025
- Business
- Yahoo
Why are there 2 Social Security checks in May 2025? See full SSI payment schedule
Ohio's Social Security Supplemental Security Income (SSI) recipients can expect to receive two checks in May 2025. Here's when recipients can expect SSI payments for May. Two SSI checks will be sent out in May, one for May and another for June. According to the Social Security Administration's payment calendar, SSI recipients won't receive a check in June since the June SSI payment is scheduled for May 30. The June payment is issued early because June 1 falls on a weekend. Here's a look at the payment schedule for the rest of 2025: Thursday, May 1, 2025 (Check for May 2025) Friday, May 30, 2025 (Check for June 2025) Tuesday, July 1, 2025 (Check for July 2025) Friday, Aug. 1, 2025 (Check for August 2025) Friday, Aug. 30, 2025 (Check for September 2025) Wednesday, Oct. 1, 2025 (Check for October 2025) Friday, Oct. 31, 2025 (Check for November 2025) Monday, Dec. 1, 2025 (Check for December 2025) Wednesday, Dec. 31, 2025 (Check for January 2026) Social Security distribution schedules for 2025 and 2026 are available online, according to the Social Security Administration. Traditional Social Security payments (for recipients who are older or retired) are issued on Wednesdays throughout the month for most recipients. If your birthdate falls between the first and 10th of the month, you are paid on the second Wednesday of the month, which this month is May 14. If your birthday is between the 11th and 20th, you're paid on the third Wednesday (May 21). And if you were born after the 20th of the month, you get paid on the fourth Wednesday of the month (May 28), according to the SSA calendar. Social Security recipients who began getting benefits before May 1997 are paid on the third of the month. If they also get SSI, that benefit comes on the first. Ohio had more than 2.4 million people claiming Social Security benefits as of December 2023. That included more than 1.7 million retirees and over 300,000 disabled workers. There are dozens of Social Security Offices in Ohio, including Cincinnati, Columbus, and Akron. Use the Social Security Office locator tool to find a nearby location. No, the state does not tax social security benefits, but they could be taxed on the federal level depending on how you file your return. The Ohio Department of Taxation says that filers must claim the Ohio deduction for "taxable Social Security benefits" on the Ohio Schedule of Adjustments to ensure their benefits aren't taxed by the state. This article originally appeared on The Columbus Dispatch: Why Ohio Social Security recipients will get 2 checks in May 2025