Some Social Security recipients will see a change in their payment schedule

Updated: May 31, 2024 / 09:33 AM CDT

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

Loan Amount ($):

This is the total amount you're borrowing from the bank.

Annual Interest Rate (%):

This is the yearly interest rate on your loan.

Loan Term (years):

This is how long you'll take to repay the loan.

Annual Property Tax ($):

This is the yearly tax you pay on your property.

Annual Homeowners Insurance ($):

This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(WJW) -Millions of Social Security recipients will see a change in their monthly payment schedule.

Typically, the Social Se c urity Administration sends out Supplemental Social Security Income payments to those with disabilities and older adults, who have little or no income, on the first of each month. But, since June 1 falls on a Saturday, the payments will be sent on Friday, May 31, according to a schedule of payments.

The change in schedule doesn’t mean those recipients will receive an extra payment. It only means their June payment will come one day earlier, resulting in two SSI payments in May and none in June.

A similar change-up will happen two more times this year, in August and November.

CLICK HERE to see the schedule of payments.