Every month, the Social Security Administration pays out benefits according to a rigorous timetable. This is to guarantee that recipients can budget and plan for the month with a regular benefit payment date.
Most people are aware that, depending on their birthdate, SSA beneficiaries are paid out on a Wednesday each month.
But because of the structure of the payment cycle, beneficiaries did not get payouts yesterday.
SSA has never failed to make a payment
Since its establishment more than eight years ago, the Social Security Administration is delighted to report that it has never failed to pay a beneficiary.
The Social Security Administration has consistently provided its recipients with the benefits they are entitled to, even during times of war and recession.
Because of its stability, Social Security has become a vital and fundamental component of social welfare for the elderly, those with disabilities, and other economically disadvantaged groups.
Senior citizens make up the vast bulk of the almost 70 million persons who get payments from the SSA this year.
Additionally, under the Supplementary Security Income (SSI) program, SSA provides assistance to workers who are disabled and to those with low or no income.
Additionally, survivors who have lost a spouse are supported by SSA payments.
What to do if yesterday’s money did not arrive
SSA adheres to a rigorous scheduling for payments. Every month on the third Wednesday, payments are made; however, depending on the type of benefit they get, certain beneficiaries may receive their benefits early.
For beneficiaries to collect their retirement and disability payments this month, the following payment dates have been set:
| Payment Date | Birth Date Range |
| Wednesday, April 9 | 1st to 10th of the month |
| Wednesday, April 16 | 11th to 20th of the month |
| Wednesday, April 23 | 21st to 31st of the month |
Since no payments had been planned by SS for May 7, if you believed you were supposed to receive your benefits yesterday, double-check when you can expect to receive them due to the annual Social Security payment schedule.
Read Also: Millions Could Lose Benefits as Trump Plans to End Key Savings Program
This year’s changes to the SSA
Beneficiaries are awaiting word from the federal government this year regarding expected program modifications. As of right now, it is anticipated that the fund would become insolvent in early 2031.
Experts have warned that the federal government needs to take immediate action and implement adjustments to extend the fund’s lifespan in order to address this.
Raising Social Security levies or lowering current retiree benefits are the two main options.
Read Also: Getting a Low SSDI Payment Between May 14–28? Here’s How to Supplement It
During his campaign, President Trump also pledged not to increase workers’ Social Security taxes. Since Trump became president for the second time, the Trump administration has fulfilled both of these pledges.
Although the administration’s strategy for dealing with the insolvency issue is still unknown, SSA has reduced its workforce by 7,000 workers and, according to the new Department of Government Efficiency’s (DOGE) recommendations, saved $800 million in unnecessary spending.
