If you are looking for the May 2021 SSI Payment Calendar, look no further. We can help you. If you are receiving Supplemental Security Income (SSI) benefits, knowing when your payments will be deposited each month is important to planning ahead and making sure your bills are paid and you know when your money will be available to you for withdrawal.
In the post below, we have explained in detail how the 2021 SSI Payment Schedule works and provide you with the specific dates on which your May benefit payments will be deposited into your account.
This Post will Cover:
Congress passed a law that moved all SSI payments from paper checks to electronic payments. The law went into effect on March 1, 2013.
The Social Security Administration (SSA) has therefore stopped mailing paper checks and current and new SSI recipients are required to receive their benefits electronically.
There are two ways you can receive your SSI benefits electronically:
First, you can choose to have them direct deposited into a checking or savings account with a bank or credit union.
The other option is to sign up for a Direct Express Debit Card, which works similar to a traditional bank debit card and is accepted anywhere Debit Mastercards are accepted.
You can also use your Direct Express debit card to make purchases and also get cash back at the grocery store or to purchase money orders at the post office.
If you do not sign up for direct deposit, the Social Security Administration will make the choice for you and send your SSI payments to you via Direct Express debit card.
If you receive Supplemental Security Income (SSI), you will receive your payments on the 1st of each month.
The exception is when the 1st falls on a weekend or holiday.
If the first falls on a holiday, then you will receive your payment the business day before.
However, if the first falls on a weekend, you’ll receive your payment on the preceding Friday.
If you started receiving benefits (SS or SSDI) Prior to May 1997, or you are currently receiving both Social Security and SSI payments, you will receive your payments on the 3rd of each month.
Also, if the 3rd falls on a weekend or holiday, you will receive your payment on the preceding Friday.
If the 3rd falls on a holiday, then you will receive your payment the business day before.
However, if the 3rd falls on a weekend, you’ll receive your payment on the preceding Friday.
Since May 1st, 2021 falls on a Saturday, SSI payments for the month will be deposited on Friday, April 30th, 2021.
If you receive your payment via a bank account or a prepaid debit card like the Direct Express Debit card, you should see your benefits in your account on or before Friday, April 30th, 2021.
Since May 3, 2021, is on a Monday, you will receive your benefits on Monday, May 3rd, 2021.
Here is the complete 2021 Supplemental Security Income Payment Schedule for your reference.
This shows when you can expect your benefits payments for the rest of the year.
|2021||SSI Only||Both SS & SSI|
Here is the complete Social Security payment calendar as published by the Social Security Administration.
It includes payment schedules for Social Security retirement benefits (SS) and Social Security Disability Insurance (SSDI) benefits
Here are the Supplemental Security Income (SSI) changes that will affect your benefits in 2021.
According to estimates by The Senior Citizens League, the cost of living adjustment (COLA) for 2021 is likely to be 1.3 %.
That is very low compared to recent years. In 2020, the increase was 1.6 %.
President Trump recently announced his 2021 federal budget.
Included in the budget are cuts to some popular programs, like Social Security, Medicare, and Social Security Disability (SSI included).
This is contrary to what the President has promised – that he would not cut Social Security benefits.
Here are the most frequently asked questions about the SSI benefits when it comes to payments.
People on SSDI generally receive much bigger payments than those on SSI.
For example, in 2020, the average SSDI payment is around $1,237 per month, whereas the maximum SSI payment is $783 per month for an individual.
The basic monthly SSI payment for 2020 is the same nationwide. It is:
—$783 for one person.
—$1,175 for a couple.
However, not everyone gets the same amount. You may get more if you live in a state that adds money to the federal SSI payment.
If you are able to work while receiving SSI benefits and you earn money, your SSI check will decrease.
However, because less than half of your gross earnings are counted by SSI, you will usually have more money working than when you were not working.
If you currently have a monthly income, half of anything you earn over $85 per month will be deducted from the maximum amount of benefits in order to determine your SSI amount.
The Ticket to Work Program provides people receiving Social Security disability benefits (SSDI or SSI) more choices for receiving employment services.
The main goal of the program is to assist people on disability benefits in reducing their reliance on disability benefits and become self-sufficient.
For more information about the program, click here.
Here is a breakdown of SSI Recipients by age groups for 2019.
Disabled Adults (Ages 18-64) – 58%
Elderly (Ages 65 or higher) – 28%
Disabled Children (Under Age 18) – 14%
Benefits for a widow, divorced widow, widower or divorced widower
Divorced spouse’s benefits
Generally, your benefits end if you remarry.
Benefits for a child under age 18 or student ages 18 or 19
Benefits end if you marry.
There are two Social Security disability programs that include disabled children.
Under the Supplemental Security Income (SSI) program, a child from birth to age 18 may receive monthly payments based on disability or blindness if:
Under the Social Security Disability Insurance (SSDI) program, an adult child (a person age 18 or older) may receive monthly benefits based on disability or blindness if:
Making a decision about whether you are disabled or not based on Social Security rules is the first major step in the application process.
Examiners at DDS decides both Social Security Disability (SSD) claims and SSI (Supplemental Security Income) disability claims.
Yes, you can request a replacement Social Security number card online if you:
To see if your state is eligible, click here.
Also, if you live in Alaska, Delaware, and Wisconsin, this service is available only if you have a driver’s license.
If you do not have a my SocialSecurity account, see our post on how to create a mysocialsecurity account.
Whenever you change your name, be sure to report the change to Social Security Administration.
Otherwise, the Social Security Administration may not record your earnings properly and you may not receive all the benefits you are due.
Furthermore, not changing your name with Social Security can also delay your income tax refund, if you are entitled to one.
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If you have any questions about SSI benefits, please ask us in the comments section below.