$1,800 Social Security checks: Exact mailing dates in May 2023
Here are the dates that you will be receiving your Social Security check this month, though ther majority have been sent out already.
The Social Security Administration continues to send monthly benefits to retired workers in 2023. The SSA is also responsible for sending Supplemental Security Income benefits, disability and survivor benefits. Here are the payments for the month of May.
$1,800 Social Security checks: Exact mailing dates in May 2023
SSI recipients receive their payments on the first day of each month or the last day of certain months if the first day falls on a weekend. Those who began receiving their Social Security payments before May 1997 receive their benefits on the 3rd of each month. All other Social Security checks are sent based on the beneficiary's birthday:
- Second Wednesday of the month: retirees with a date of birth between the 1st and 10th
- Third Wednesday: beneficiaries born between the 11th and 20th
- Fourth Wednesday: retirees born between the 21st and the 31st
Exact mailing dates for Social Security payments in May:
- May 1: SSI Recipients
- May 3: Payees who began receiving their payments before May 1997
- May 10: Beneficiaries with a date of birth between 1 and 10
- May 17: Beneficiaries with a date of birth between 11 and 20
- May 24: Beneficiaries with a date of birth between 21 and 31
Monthly Social Security checks: How much will be sent in 2023?
Thanks to the 8.7% cost-of-living adjustment increase, average retiree payments rose to about $1,827, the SSA revealed in January.
The maximum benefit for those who retire at 62 years old is $2,572. Workers who retire at full retirement age (67) can receive a maximum benefit of $3,627 per month, and those who retire at age 70 and beyond have a maximum benefit of $4,555.
As for the average payments of recipients of Supplemental Security Income, these are around $600. The maximum SSI benefit is $914 per month for an individual and $1,371 for a married couple where both spouses are eligible for the program.
However, payments are calculated individually and vary from one beneficiary to another. Here is how beneficiary payments are calculated and how they are affected by age.